UPDATE: According to a new report from io9, a representative from Sony believes the dispute between the studio and Disney is over a producer credit and that negotiations for Kevin Feige to produce more Spider-Man films featuring Tom Holland are still ongoing. The original story is as follows.
Deadline reports Marvel Studios president Kevin Feige will no longer co-produce Tom Holland’s Spider-Man films with Sony Pictures after the two failed to reach an agreement that would have given Disney a co-financing stake in future films.
According to the trade, Disney’s leadership and Sony Pictures have been engaged in an ongoing dispute for several months. After Disney was unable to reach an agreement with Sony that would have seen new terms give the former a 50/50 co-financing stake on future Spider-Man projects and possibly even Sony’s Universe of Marvel characters, Sony attempted to extend the original deal which gives Marvel 5% of first-dollar gross but Disney rejected this. Sony ultimately opted to cut ties with Marvel Studios’ Kevin Feige who co-produced the last two Spider-Man films starring Tom Holland.
Sony reportedly has two more Spider-Man films in development which are both intended to have Tom Holland and Spider-Man: Far From Home director Jon Watts return. As of now, it appears the projects will be moving forward without involvement from Kevin Feige, and Sony seems confident in doing so.
Spider-Man: Far From Home recently became Sony’s highest-grossing film of all time with $1.109 billion at the global box office. The Tom Holland-led film is also the first film in Spider-Man’s cinematic history to cross the $1 billion mark globally. Its also set to swing back into theaters Labor Day weekend with an extended cut of the film.
So what do you think? Are you sad to see Marvel’s Kevin Feige no longer involved with Spider-Man films starring Tom Holland? Let us know in the comments below!
Here is the official synopsis for Spider-Man: Far From Home:
Following the events of Avengers: Endgame, Spider-Man must step up to take on new threats in a world that has changed forever.
Directed by Jon Watts from a script written by Chris McKenna and Erik Sommers, the film stars Tom Holland, Jake Gyllenhaal, Zendaya, Jacob Batalon, Tony Revolori, Martin Starr, Numan Acar, J.B. Smoove, Oli Hill, Remy Hii, Marisa Tomei, Michael Keaton, Jon Favreau, Cobie Smulders, and Samuel L. Jackson as Nick Fury.
Spider-Man: Far From Home is now playing in theaters. Stay tuned to Heroic Hollywood for the latest news on Tom Holland, Kevin Feige, and the future of the Marvel Cinematic Universe as we learn it.
Source: Deadline
