I guess the saying is “it was fun while it lasted”, because it seems as if the wall crawler may no longer be part of the Marvel Cinematic Universe as Marvel Studios president, Kevin Feige won’t produce any further Spider-Man films because of an inability by Disney and Sony Pictures to reach new terms that would have given the former a co-financing stake going forward. This is reportedly due to a dispute that has taken place over the past few months at the top of Disney and Sony has essentially nixed Feige, and the future involvement of Marvel from the Spider-Man universe, as reported by DEADLINE.
Now which was initially thought as only one more Marvel Studios/Sony Pictures co-produced Spider-Man film is said to be two actually that are meant to have director Jon Watts and Tom Holland right at the forefront Unless something dramatic happens, Feige won’t be the lead creative producer of those pictures.
The main reason for this drastic fallout is of course money and when you here some of the specifics you can see why neither side wanted to really budge. 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 plain and simple and possibly never came back to the table with a counter off. The heads of Sony, Tom Rothman and Tony Vinciquerra simply didn’t want to share its biggest franchise. Keep in mind SPIDER-MAN FAR FROM HOME just became Sony’s highest grossing property every surpassing SKYFALL and generating $1.109 billion. Sony proposed keeping the current deal going under the current terms where Marvel receives in the range of 5% of first dollar gross, sources said. Disney refused.
In Sony’s defense they also had another reason for not wanting to split the production cost as Marvel keeps all of the merchandising for Spidey. Then to give up half of their universe to which they own the rights to may have been too much. But Sony seems to be in a good position as they hold the right to many other Spider-Man based characters including the Tom Hardy starring VENOM which the sequel is being directed by Andy Serkis, MORBIUS starring Jared Leto, not to mention their Oscar winning animated SPIDERMAN INTO THE SPIDER VERSE.
Currently Marvel Studios/Disney, Feige nor Sony Pictures have commented.