So Much For Looking Forward To Spider-Man in Phase 4
It was announced that Spider-Man: Far From Home is Sony’s highest-grossing film of all time and it seems that may end up being bad news for Marvel fans. According to Deadline, Disney and Sony have officially failed to reach a co-financing agreement, meaning Peter Parker will no longer be a member of the Marvel Cinematic Universe.
Marvel Studios president Kevin Feige was in line to produce the next two Spiderman sequels in development, but with this announcement, he will probably not be involved in the films.
Disney allegedly offered a 50/50 split of all earnings from Spider-Man films going forward; to which, Sony rejected. “Sony turned that offer down flat, and I don’t believe they even came back to the table to figure out a compromise. Led by Tom Rothman and Tony Vinciquerra, Sony just simply didn’t want to share its biggest franchise. Sony proposed keeping the arrangement going under the current terms where Marvel receives in the range of 5% of first-dollar gross, sources said. Disney refused.” the Deadline report reads.
With Sony obtaining full ownership of Spider-Man, fans should be wary of the future direction. To remind you, when Sony rebooted the franchise the first time they gave us The Amazing Spider-Man 2. Only time will tell if the Spider-Man film series can survive this. As sequels to both Venom and Spider-Man: Into the Spider-Verse are in progress, Sony feels like Marvel´s influence is no longer needed.