On August 20, Deadline reported that Disney and Sony could not come to an agreement on financial terms for additional Spider-Man films. As a result, Kevin Feige, Marvel Studios president, was expected to no longer be involved as producer, and because Marvel Studios is part of Disney, Spider-Man would no longer be part of the Marvel universe. (When reached by Teen Vogue, Disney confirmed Deadline's reporting, but didn't have further comment.)
The last two Spider-Man films have done major numbers at the box office, Deadline pointed out, and Disney reportedly wanted to split financing of future Spider-Man films equally with Sony; Sony allegedly denied the request. As The Hollywood Reporter explained, the previous agreement between Disney and Sony included a deal that cast Tom in the Spider-Man lead and Feige as lead producer; two more Spider-Man films, produced by Sony and starring Tom are expected for future release, but news of those films has not been confirmed, Variety reported.
Sony has pledged to continue on with Spider-Man, even if Disney isn’t involved, The Hollywood Reporter noted. “Much of today’s news about Spider-Man has mischaracterized recent discussions about Kevin Feige’s involvement in the franchise,” Sony Pictures's Twitter account shared. “We are disappointed, but respect Disney’s decision not to have him continue as a lead producer of our next live-action Spider-Man film.” It went on to note that the studio believes Feige might be too busy, and said, “We hope this might change in the future, but understand that the many new responsibilities that Disney has given him — including all their newly added Marvel properties — do not allow time for him to work on IP they do not own.” (When reached for further comment, Sony directed Teen Vogue to their tweeted statement.)
Meanwhile, fans and celebrities alike have urged the companies to come together (with Spidey die-hards creating a #SaveSpidey movement on Twitter). Jeremy Renner, who portrays Hawkeye in MCU films, called on Sony to take action. He shared an Instagram post, writing, “Hey @sonypictures we want Spider-Man back to @therealstanlee and @marvel please, thank you #congrats #spidermanrocks #🏹 #please.” Ryan Reynolds also responded, and told fans asking for a potential collab between Spider-Man and Deadpool that the partnership was one fans would “only see in my heart.”
Although the news of Spider-Man’s Marvel future is grim right now, Variety reported there could be hope. According to a source who spoke with the publication, a deal might still be reached.
Teen Vogue has also reached out to Marvel Studios for comment.
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Originally Appeared on Teen Vogue