(Update: Sony Issues a Statement!) Spider-Man’s Time In The MCU Ends as Marvel and Sony Dispute over Financing

Update: In response to yesterday’s shocking news that Marvel and Sony have parted ways in regards to Spider-Man, Sony has issued a statement that goes against reports that the split was over money. Read it below!

“Much of today’s news about Spider-Man has mischaracterized recent discussions about Kevin Feige’s involvement in the franchise,” Sony stated on Twitter. “We are disappointed, but respect Disney’s decision not to have him continue as a lead producer of our next live action Spider-Man film. We hope this might change in the future, but understand that the many new responsibilities that Disney has given him – including all their newly added Marvel properties – do not allow time for him to work on IP they do not own. Kevin is terrific and we are grateful for his help and guidance and appreciate the path he has helped put us on, which we will continue.”

So basically Sony is saying that Feige does not have time for properties that aren’t officially his after acquiring all the characters with the Fox merger. Reports also say that “negotiations are ongoing.” So just like I thought last night, this is not the end of the story by any means so stay tuned!

Original Post:

Well here’s some news that is pretty devastating to comic book fans everywhere and personally, I think Sony blew but it’s being reported that Tom Holland’s version of Spider-Man will no longer be a part of the MCU as Marvel and Sony have clashed over how to handle the co-financing of the iconic comic book character.

Deadline broke the bad news today stating:

There is a lot of webbing here, but it all comes down to money, and it’s easy to understand why both sides refused to give ground. Disney asked that future Spider-Man films be a 50/50 co-financing arrangement between the studios, and there were discussions that this might extend to other films in the Spider-Man universe. Sony turned that offer down flat. Sources said that Sony, led by Tom Rothman and Tony Vinciquerra, came back with other configurations, but Disney didn’t want to do that. But Sony did not want to share its biggest franchise. Sure Disney would be putting up half the funding, but the risk is in how much you are going to make back in profit. Disney wasn’t at all interested in continuing the current terms where Marvel receives in the range of 5% of first dollar gross, sources said.

This comes on the heels of Spider-Man: Far From Home becoming the largest grossing Spider-Man film ever and surpassed James Bond’s Skyfall to become Sony’s all time best seller.

There are still two films on the way with Holland and director Jon Watts although there hasn’t been a deal put in place for Watts to return.

The article goes over a bunch of other boring nonsense but basically it all boils down to the fact that Marvel head Kevin Feige will no longer have creative control and now Holland’s Spider-Man won’t mingle with any of the MCU’s other characters. One good thing is that maybe we’ll get to see the Spider-Man/Venom teamup since they both will co-exist in Sony’s universe.

Maybe a deal will be struck in the future but for now it looks bleak true believers and it all comes down to money and greed. Unfortunately, we the fans are the ones that suffer. Way to go guys.

I hate business…..

Source: Deadline

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