OK, Spider-Man Is Officially Back in the Marvel Cinematic Universe Again
September 27 update: Good news! Deadline reported that Sony and Marvel Studios, headed by Kevin Feige, announced that Spider-Man will make his return to the MCU after the two companies managed to reach an agreement. Sony and Marvel Studios will team up for a third Spider-Man film starring Tom Holland, and it's already slated for release on July 16, 2021. As part of the deal, Spider-Man will also appear in a future MCU film.
You might be wondering what the hell is going on with Spider-Man after Disney and Sony pretty much blew up the Marvel Cinematic Universe on Tuesday. The good news is we're still getting more Spider-Man movies. The somewhat bad news, or neutral news, depending on which side of it you're on, is that it appears that Spider-Man will no longer be intertwined with Disney's elaborate Marvel movie franchise.
How did this happen? Well, after acquiring the movie rights to nearly all the rest of Marvel's major comic-book properties (e.g., X-Men, Fantastic Four) following Disney's merger with Fox, Disney came to Sony, which owns the film rights to Spider-Man and other Spider-Man-adjacent properties, like Venom, with a new offer for how the two companies might continue working together vis a vis Spider-Man, who has appeared in various very popular MCU-related films over the past few years. Disney and Marvel Studios reportedly wanted a 50/50 stake in all future stand-alone Spider-Man movies, and potentially other Sony-controlled Marvel properties down the line, which Sony immediately refused. Sony apparently came back with a few counter-offers, but Disney didn't want to hear it.
Because of this inability to reach a deal, Disney announced that Marvel Studios producer Kevin Feige, who has had a hand in every MCU movie since 2008's Iron Man, would no longer be touching any more Spider-Man movies.
Sony didn't want to share a cut of its biggest property, obviously, and Disney wanted more of what is now (and what has always been) the most popular character in the Marvel universe. Spider-Man: Far From Home just spent a whole movie cementing Peter Parker at the center of the new MCU wheel, and Spider-Man is, along with maybe Thor, the biggest guaranteed hit Marvel has now that it's finished decimating its core team by the end of Avengers: Endgame.
It's kind of nuts of Sony to push Disney away at this point, since Kevin Feige has produced nothing but home runs for the MCU this entire time, but clearly, Sony thinks it has a handle on things after Far From Home cleared Skyfall to become the studio's highest-grossing movie ever. Plus, they just got an animated film Oscar trophy with last year's game-changing Spider-Man: Into the Spider-Verse.
One upside to all this is that future Spider-Mans probably won't have the specter of Tony Stark looming over them, something that has hampered the character since Civil War. And really, the surprise ending of Spider-Man: Far From Home sets up a future for the character that's entirely Spider-Man-centric, despite the movie also trying to turn him into the next Iron Man. Sony has two more Spider-Man movies in the works, starring Tom Holland and set to be directed by Jon Watts, and a slew of other Spider-properties, including the Venom sequel, Jared Leto's Morbius, a Kraven The Hunter movie, and whatever's going on with that Silver Sable and Black Cat joint. But it's risky for the studio, especially at this point, to part with Disney, which owns a frighteningly large stake in the entertainment business at-large.
Sony released an especially spicy statement on Twitter late Tuesday night after everyone had enough time to completely freak out, essentially saying what a shame it is that, with Disney's new studio acquisitions and Disney+ plans, Feige probably has way too much on his plate right now to pay attention to a little spider: "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 [intellectual property] they do not own."