After briefly breaking up,Sony Pictures and Marvel have found a way to get back in the Spider-Man business together.
On Friday, the two companies jointly announced that Marvel Studios and its president, Kevin Feige, will produce the third film in the “Spider-Man: Homecoming” series. It will once again feature Tom Holland reprising his role as the titular hero. The rumor mill roared back to life this week with hints that the two companies were close to brokering a new agreement.
Over the summer, news broke that the Disney, Marvel’s parent company, and Sony had reached an impasse over a new financing deal. Disney wanted the film to be financed on a 50/50 basis, with Feige remaining in a consulting producer capacity. Sony is believed to have proposed keeping the arrangement under the current terms, which stipulate that Marvel receives about 5% of first-dollar gross and all merchandising revenues.
Peter Parker himself (actor Tom Holland) confirmed the news on his instagram with this clip