An inability by Disney and Sony Pictures to reach new terms in an agreement means Marvel Studios and its president Kevin Feige will no longer be involved in the production of any more “Spider-Man” films – effectively terminating the historic cross-studio agreement that began in 2015 with “Captain America: Civil War” and “Spider-Man Homecoming”.
The dispute has taken place over the past few months at the top of Disney and Sony’s empires. Disney wanted future “Spider-Man” films be a 50/50 co-financing arrangement between the studios, and there were discussions that this might extend to other films in the “Spider-Man” universe.
Sony turned that offer down flat as their team, led by Tom Rothman and Tony Vinciquerra, don’t want to give away half their biggest franchise. Sony proposed keeping the arrangement going under its current terms where Marvel receives in the range of 5% of first dollar gross. Disney refused.
As a result, Sony has essentially nixed Feige and Marvel from any more involvement in the “Spider-Man” universe after they came on board with the recent two Tom Holland-led films which broke all-time records including the recent one becoming Sony’s highest-grossing film.
Sources indicate there are two more “Spider-Man” films in the works that are meant to have director Jon Watts and Tom Holland front and center and, unless something dramatic happens, Feige won’t be the lead creative producer on those pictures.