What you need to know

  • Sony has reportedly killed its deal with Marvel to share Spider-Man.
  • If true, Spider-Man will no longer be part of the MCU.
  • The report said Jon Watts and Tom Holland are onboard to make two more Spider-Man films.

Update August 21: Sony has released a statement in response to Deadline's original report, appearing to place the blame on Disney.

Much of today's news about Spider-Man has mischaracterized recent discussions about Kevin Feige's involvement in the franchise. 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.

The original story follows below.

According to a Deadline report, neither Marvel or Marvel's Kevin Feige will be involved in the Spider-Man universe going forward. Sony apparently axed the deal after Disney proposed a 50/50 co-financing arrangement between the studios.

From the sound of it, Sony will instead rely heavily on director Jon Watts, who was responsible for helming Spider-Man: Homecoming and Spider-Man: Far From Home. Deadline said there are two more Spider-Man films coming from Jon Watts and Tom Holland, though it's unclear how they'll link to the overall MCU, if at all.

Deadline's report said that Sony simply doesn't want to share its biggest franchise, despite Marvel completely turning it around following the failure of The Amazing Spider-Man with Andrew Garfield. Kevin Feige would have apparently stayed on as producer if Disney and Sony reached new deal terms.

Essentially Sony has made a decision that is similar to saying, thank you, but we think we can win the championship without Michael Jordan. After all, Feige's first decade at Marvel is largely unblemished and his consistency has been nothing short of historic: even George Lucas, Steven Spielberg and Peter Jackson haven't seen everything turn into a hit, and so maybe only James Cameron has the success record that Feige has achieved. But Feige has done it all in the last 10 years, producing and overseeing 23 superheros, with not a flop in the bunch. They've all been number one openers that have collectively grossed $26.8 billion.

Over the last several months, Marvel and Sony considered the possibility of a wider involvement in the Sony-controlled Spider-Man universe, Deadline said, but everything has gone to hell over money.

"Sources said that Sony reasoned that they will be fine without Feige," Deadline's report said. "The creative template has been set on the Spider-Man films, and Watt and Holland are in place along with Amy Pascal, who became producer with Feige after she exited the executive suite after presiding over the previous Spider-Man iterations directed by Sam Raimi and Marc Webb as Sony Picture chief."

With the incredible success achieved by Spider-Man: Far From Home and the buzz around Spider-Man: Into the Spider-Verse, which Sony made on its own, it appears Sony is confident it no longer needs Marvel.