Marvel Studios and Sony will reunite for a third Spider-Man film

Spider-Man climbs the Washington Monument in Columbia Pictures' SPIDER-MAN: ™: HOMECOMING.
Spider-Man climbs the Washington Monument in Columbia Pictures' SPIDER-MAN: ™: HOMECOMING. /

Marvel Studios and Sony have made up and will reteam to produce another Spider-Man film set in the Marvel Cinematic Universe.

The internet was set ablaze when it was announced that Sony and Marvel Studios couldn’t reach a new agreement to keep Spider-Man in the MCU. Still, many wouldn’t give up hope that the web-slinger would find his way back to the franchise. Now, it seems that faith was indeed well-placed.

Disney’s Marvel Studios and Sony jointly announced that they have reached a new agreement and will produce a third MCU-set Spider-Man film. The film is slated to be released on July 16, 2021. In addition, the deal will also allow the character to appear in another Marvel Studios film. Marvel’s Kevin Feige will return to produce the third film along with Amy Pascal, who will produce under her company, Pascal Pictures.

Feige (via Variety) released a statement about the deal in which he expressed his excitement at having the iconic superhero back in the fold. He also teased big things for the character’s future:

"“I am thrilled that Spidey’s journey in the MCU will continue, and I and all of us at Marvel Studios are very excited that we get to keep working on it. 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.”"

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Pascal also noted her joy over the new agreement and that both studios will be able to continue the story that was set up at the conclusion of Spider-Man: Far From Home:

“This is terrific. Peter Parker’s story took a dramatic turn in ‘Far From Home’ and I could not be happier we will all be working together as we see where his journey goes.”

The odds of Marvel and Sony forging a new deal seemed grim for a while but, as mentioned, fans and film pundits believed the two entities would reach new terms. The Marvel Studios-produced Spider-Man films have been critical and financial hits for Sony. This year’s Far From Home became the highest-grossing Spider-Man film and Sony Pictures’ highest-grossing film with over $1 billion at the box office.

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This third Spider-Man installment will join a packed MCU Phase Four slate that already includes films like Black Widow, The Eternals and Thor: Love and Thunder. Right now, there are no story details on the project, but Marvel and Sony likely have something big in mind for Peter Parker’s next adventure.