Spider-Man to Leave Marvel Cinematic Universe as Marvel Studios, Sony Pictures Fail to Reach Deal

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UPDATE: Variety‘s Dave McNary is reporting that negotiations between Sony Pictures and Marvel Studios are still ongoing, and that no final decision on Spider-Man’s status in the Marvel Cinematic Universe has been made.


It seems that Spider-Man‘s days in the Marvel Cinematic Universe are coming to an end as Marvel Studios and Sony Pictures have failed to reach a deal for the character’s continued use in the MCU. From IGN‘s Joseph Knoop:

According to Deadline, Marvel Studios will not produce any further Spider-Man films in the Marvel Cinematic Universe, due to an inability between Sony Pictures and Disney to reach new terms that would have given Disney a co-financing stake moving forward. A dispute at the top levels of both companies has essentially resulted in Marvel Studios president Kevin Feige being nixed from future Spider-Man projects, according to Deadline. Disney had asked for a 50/50 co-financing agreement between the two studios on future Spider-Man films. Again, according to Deadline’s sources, Sony turned that offer down. Sony proposed keeping the arrangement similar to the terms that dictated the first two Spider-Man MCU films, such that Disney would only receive 5% of first dollar gross. Disney refused that deal.

“First dollar gross” is a practice in film-making finances that means a participant earns a percentage of the film’s box office revenue on the first day of release. Stars like Leonardo DiCaprio used this practice on Inception, making more than double his usual rate as an actor because of the film’s unexpected success.

It’s easy to see why Sony might play hardball with Spider-Man. Spider-Man: Far From Home became Sony’s highest-grossing film ever in August, reaching $1.109 billion in global box office revenue, beating its previous record holder, the James Bond 2012 film Skyfall.

This is also potentially why Marvel Studios declined to announce a new Spider-Man film at [San Diego] Comic Con 2019. Sony still holds the screen rights to Spider-Man solo films, and is also the distributor, going all the way back to Sam Raimi’s 2002 Spider-Man.

We will provide updates as the story develops.

About the author

Matthew Soberman

Matthew has been a writer for WDWNT since June 2018. He probably should have realized he was a Disney Parks fan when he tried to make a model of the Horizons building in middle school shop class. (It didn't go well.) He is also a huge Muppet fan, and can also be found on ToughPigs.com. You can email Matthew at [email protected]

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Kaden does things
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Kaden does things

🦀marvel land is gone🦀

Ryan
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Ryan

I wonder how this will impact DCA’s heavy Spider-Man investment in the upcoming Marvel land. Wasn’t Spider-Man supposed to be the centerpiece, with WEB?

Austin Ray
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Austin Ray

It won’t. It just affects movies. Sony must have decided they preferred sub-par movies after having a massive hit with Spidey in the MCU.

disneyheart
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disneyheart

Thank you for voicing my biggest concern … How will this affect the Avengers-themed area in Disney California Adventure Park? Will this area now have the same fate as the 4th Disneyland Resort hotel cancelled last year (also due to a disagreement)? Disneyland does not need any more bad news right now …

RebeccaMcK
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RebeccaMcK

Maybe the Spider-Man attraction plans for DCA could be altered to become an Iron Man attraction instead like what they have in one of the overseas Disney parks. Or any other popular Marvel hero Disney owns.