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Spider-Man: Homecoming Review
Spider-Man: Homecoming Review
Source: Marvel Studios.

Update: Sony & Marvel Have Made a Deal — The Two Companies Will Produce Upcoming Spider-Man Movie Together

Update: Spider-man is back in the MCU. Marvel and Sony have announced that the two companies have made up and will produce the upcoming Spider-man movie, the third in the Homecoming series, which is scheduled to be released on July 16th, 2021.

Spider-man will also appear in future Marvel movies. Tom Holland will also be back as the iconic superhero. The film is scheduled for release on July 16, 2021. In a statement Marvel super-producer Kevin Feige said:

I am thrilled that Spidey’s journey in the MCU will continue, and I and all of us at Marvel Studios are very excited that we get to keep working on it.

Scroll down to see the original story. 

Well, this sucks.

Sony has ended its deal with Marvel, according to a new report from Deadline,

Marvel Studios president Kevin Feige won't produce future Spider-man movies after failing to make a deal with Sony. According to Deadline, Disney wants future Spider-Man movies to have 50/50 financing agreement. Sony turned that down. (According to Deadline, under the current deal, Marvel and Disney receive around 5% of first dollar gross.)

READ: Marvel Historian Bob Batchelor Breaks Down 'Spider-Man: Homecoming' Characters [Interview]

What makes this tricky is that there are two Spider-Man movies in the works with star Tom Holland and director Jon Watts attached.

 READ: Every New Title Marvel Announced at San Diego Comic-Con 2019

On Twitter, the reaction to this news was quite hostel:

Source: Deadline,