Marvel Studios Present Kevin Feige has pulled out of producing upcoming Spider-Man movies, due to the disagreement between Sony and Marvel’s parent company Disney over revenue sharing from the Spiderman movies. Sony holds the rights to the Spider-Man character, one of the most renowned Superheroes reached globally among all the audiences.
According to the sources, the deal is about Disney asked the future Spider-Man films be 50/50 coproductions between Disney and Sony, instead of the current deal, which is said to give Marvel (and Disney) 5 percent of gross box-office revenue. But Sony turned that deal down.
Fans are really disappointed over Spiderman leaving MCU. Even Sony’s market value got stumbled after the announcement of Spider-Man out of MCU.
Kevin Feige produced films for both the studios in a year, where both of them are profit in their unique ways. Disney’s Avengers Endgame became the highest-grossing film ever made whereas the Spider-Man: Far From Home became the highest-grossing film for Sony Pictures.
Above all, Kevin will be more than enough on his plate, especially after taking control over X-Men universe in the Fox acquisition, including the Deadpool franchise alongside architecting the next phase of the Marvel superhero universe and building films and shows for Disney +.
Marvel Studios and Sony made the first agreement over Spider-Man in 2015, which would allow for the character to appear in crossover Marvel films, even though Sony maintained the character rights and also responsible for financing, distributing and “final creative control.” Tom Holland cast as the character went on to appear in three Disney movies – Captain America: Civil War, Avengers: Infinity War, and Avengers: Endgame. Moreover two Marvel Studios-produced, Sony-owned solo films.
Sources said there are two more Spider-Man films in the works and Tom Holland will be playing the web-slinger again. However, director Jon Watts doesn’t have a deal for the next pictures. After the Marvel Sony dispute, Feige won’t be continuing as the lead creative producer of those pictures.
In addition to those two Spider-Man films, Sony has bigger plans for the franchise and the characters. An upcoming Venom sequel set to be directed by Andy Serkis with Tom Hardy, Morbius with Jared Leto, Kraven The Hunter, and another spinoff with the characters Silver Sable and Black Cat. And a Sinister Six film got confirmed. Moreover, a sequel to the Oscar-winning animated film Spider-Man: Into the Spider-Verse.