After years of Sony delivering standalone Spider-Man movies to the masses, the studio finally teamed up with Marvel Studios to bring the Wall-Crawler into the Marvel Cinematic Universe. Tom Holland’s Peter Parker subsequently appeared in five MCU movies, and given the critical and commercial success of Spider-Man: Far From Home, it seemed like Marvel and Sony would continue working closely together in the coming years.
However, word’s come in that this arrangement has come to an abrupt end. According to Deadline, Marvel Studios president Kevin Feige will not produce any future Spider-Man movies. This move comes after Disney and Sony were unable to come to a new agreement that would have seen the Mouse House getting a co-financing stake with future Spidey movies.
This shakeup reportedly boils down to, as so many things in Hollywood do, money. Disney apparently wanted a 50/50 co-financing arrangement on the MCU-set Spider-Man movies, a significantly boost from the current arrangement where Marvel received 5% of first dollar gross. There were discussions of having this new deal extend to the other non-MCU Spider-Man movies in development, but Sony immediately turn down that offer and wanted to keep things the same. Disney refused that counteroffer.