A new report indicates Tom Holland’s Spider-Man is out of the Marvel Cinematic Universe (MCU) after negotiations between Sony and Disney stall out.

A report from Deadline indicates that Marvel Studios producer and the man behind the MCU Kevin Feige “won’t produce any further Spider-Man films because of an inability by Disney and Sony Pictures to reach new terms that would have given the former a co-financing stake going forward.”

Reportedly, Disney and Feige asked that future Spider-Man films would have a 50/50 co-financing arrangement and that this agreement could be extended to include other Spider-Man universe films like Venom and the upcoming Morbius film. However, Sony turned this offer down and didn’t even offer a counter.

Sony did reportedly offer to keep the original agreement in place with Marvel receiving 5% of first dollar gross. Disney declined that offer.

Amidst the report that Spider-Man is out of the Marvel Cinematic Universe, Deadline’s sources indicate there are two more planned Spider-Man films with director Jon Watts and actor Tom Holland.

This report comes off the back of another report in July that indicated the Spider-Man characters would fully revert to Sony if Spider-Man: Far From Home did not make $1 billion at the box office. (Related: Report: Sony to Get Full Control of Spider-Man if Far From Home Does Not Make $1 Billion)

Entertainment industry insider Richard Rushfield wrote in his Ankler newsletter that Feige would want to cash in on the success of Marvel Studios and given this new report from Deadline, it looks like he might have been correct.

“The original Sony/Marvel/Spidey deal to co-produce these movies stipulated that if this Spidey cleared a billion, Marvel would get to oversee a third. If it hadn’t, full control would have reverted back to Sony, which raised the specter that America’s Most Beloved Entertainment Executive would look to cash in/out every way possible, as well as grab complete unexpurgated credit for the victory and thrown superhero canon to the wind. (Not something he was ever a fan of in the first place). It was feared he would have tossed Spidey and Venom together for a quickie mash-up that very potentially could’ve sunk both.”

Spider-Man: Far From Home has currently grossed $1.1 billion at the global box office and even edged out Spider-Man: Homecoming at the domestic box office bringing in $377 million compared to Homecoming’s $334.2 million.

What do you make of this report regarding Spider-Man no longer showing up in the MCU? Are you interested to see what Sony can do with this version of Spider-Man sans Kevin Feige and Marvel Studios?

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