Sony has walked away from negotiations before, only to return to the bargaining table with Marvel.
Two more Spider-Man films are reportedly in development, with both director Jon Watts and star Tom Holland attached. In turn, Sony offered to keep the same arrangement under the current terms with Marvel receiving about 5% of first-dollar gross, and Disney rejecting the offer. Sony distributed the films in which Spider-Man was the main character while Disney handled the other titles.
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The outlet maintains their sources' claims that Feige left as producer on future Tom Holland Spider-Man movies because of a disagreement over money. But as Marvel enters its Phase 4, Spider-Man also has no official MCU appearances planned. They now hold the rights to 900 Marvel Comics characters, with Morbius the living Vampire, sequels to Spider-Man: Into the Spider-Verse, the follow-up to Spider-Man: Far From Home and of the next Venom film now in the works. This deal gave Marvel Studios the access to feature Spider-Man in different MCU movies, including Captain America: Civil War, Avengers: Infinity War and more recently, Avengers: Endgame. Potentially removing Spider-Man leaves that tiny asterisk on a world that had just inherited the X-Men and Fantastic Four thanks to the Fox deal. Because Venom was successful on its own, Sony may be more emboldened this time.
Do you think Spider-Man would swing out of the Marvel Cinematic Universe? In an interview with Vanity Fair in late 2018, then-series producer Amy Pascal mentioned that Sony was interested in reviving the previously shelved Sinister Six film based on the iconic group of Spider-Man villains. This news comes to us by way of Deadline. That's an eternity in Hollywood time, but it's possible that time has given Sony perspective and that the studio could put together a team that creates a remarkable piece of filmmaking that blows the box office apart.