Spiderman is back, Officially Spidey 3 is happening

Hooray Spiderman is back in MCU!!!!!! Officially Spidey 3 is happening and is set to release on 16^th July 2021!!!!!. We know Disney wanted the film to be financed on a 50/50 basis, with Feige remaining in a consulting producer capacity. But Sony denied it and proposed keeping the arrangement under the primary terms, which stipulate that Marvel receives about 5% of first-dollar gross and all merchandising revenues. This led to the hot news on 21^st August 2019 that Disney-Sony is breaking its partnership and Spidey won’t be featured in MCU for the foreseeable future. This led to some trending hashtags in social media like #SaveSpiderman and #BoycottSony.

Spiderman is back in MCU!!!!!!

But after one month on 27^th September 2019 the deal is redone and officially Spidey can swing in MCU. The fans won the war. As per the new deal which was signed late on Thursday night, in exchange for lending Feige’s producing prowess, Marvel and Disney will receive roughly 25% of the profits, according to insiders. Disney will retain its merchandising rights and will put up roughly a quarter of the financing. As part of the arrangement, Spider-Man will also appear in one future Marvel Studios film. The negotiations involved top players from both studios, including Sony Pictures chief Tom Rothman, Feige and Walt Disney Studios co-chairs Alan Horn and Alan Bergman.

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The interesting thing to take from this deal establishment is Fegi’s words, which goes something like this “Spider-Man is a powerful icon and hero whose story crosses all ages and audiences around the globe. He also happens to be the only hero with the superpower to cross cinematic universes. So as Sony continues to develop their own Spidey-verse you never know what surprises the future might hold” ‘you never know what surprises the future might hold’ and ‘with the superpower to cross cinematic universes’. This should turn on any Spidey fans or Marvel fans. In general as it is a humongous reveal or tease which I hope as per Kevins words a huge showstopper!.

Author

Krishnamurthy .V.P