Report: Spider-Man to Leave Marvel Universe After Sony & Disney Split

Some sad news for the Marvel Cinematic Universe fans...

The beloved and friendly neighborhood Spider-Man appears to have taken his last swing through Walt Disney Co.'s Marvel Cinematic Universe! Reports that the president of Disney-owned Marvel Studios - Kevin Feige - will no longer produce the "Spider-Man" films (specifically the ones released by rival studio Sony Pictures). This news comes after the two companies failed to come to a new agreement.

Deadline is reporting that in the wake of that film’s billion-dollar global gross -- Marvel reportedly asked Sony to share financing costs 50/50 on future movies, but Sony hesitated. The studio offered Marvel other arrangements, but ultimately both sides failed to come to new financial terms over the character they’ve shared since 2016’sCaptain America: Civil Warintroduced Tom Holland as the MCU’s resident spider-guy.

The most recent Spider-Man films -- “Spider-Man: Homecoming” and its recent sequel “Far From Home,” were produced by Disney and were a major success for the media giant.

Sources said there are two more Spider-Man films in the works and the studio hopes to have director Jon Watts and Tom Holland front and center. The partnership, which began with Tom Holland’s Spider-Man appearing in 2016’s “Captain America: Civil War,” allowed Spider-Man to interact for the first time in the Marvel Cinematic Universe

According to Deadline which first reported Disney-Sony breakup, Disney asked Sony that future “Spider-Man” films be a 50/50 co-financing arrangement between both studios, a request Sony turned down. Sony’s counteroffer proposed keeping the current deal in place where Marvel receives about 5% of the first dollar gross, and Disney refused, Deadline said.

How do you feel about the news? Leave your thoughts and comments.

PHOTOS: Sony

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