Everything You Need to Know About the New Sony and Marvel Agreement

Everything You Need to Know About the New Sony and Marvel Agreement

By Mary Rozembajgier

Marvel fans faced turmoil when the news of Spider-Man leaving the MCU hit at the end of August. After weeks of discussion, a new resolution has been met between Sony and Marvel. But what does all of this mean for the future of the MCU?

Before we get to the new deal, it’s best to understand the history of Spider-Man. Tobey Maguire’s rendition of Spider-Man (2002-2007) was directed under Sony. Then, in 2010, Sony rebooted the Spider-Man character, this time using Andrew Garfield. These movies, The Amazing Spider-Man and The Amazing Spider-Man 2, received mixed responses. As a result, in 2015 Sony and Marvel reached an agreement to share the rights of Spider-Man. Under this deal, Sony retained the rights to the character and profited from their success, but Marvel would produce a new series of Spider-Man movies under Kevin Feige. This deal covered 5 films (Captain America: Civil War, Spider-Man: Homecoming, Avengers: Infinity War, Avengers: Endgame, and Spider-Man: Far from Home). While Tom Holland had signed to another two movies, the official Marvel and Sony deal was over. Failure to agree on a new deal led to Marvel temporarily dropping out of Spider-Man movies.

But, thankfully, a new deal has been reached. Marvel will finally receive some monetary credit for their character. In this new two-movie deal, Marvel will produce two movies under Feige with Tom Holland and receive 25% of the profits (this also means they will have to pay for 25% of production fees). It seems Spider-Man will continue to be the only superhero to cross universes. 

There is some speculation about what will happen after this deal. Since it only covers two films, fans are concerned for when the deal must be renewed. But for now, you can expect to see two more fabulous Spider-Man movies, starting in June 2021.

Image courtesy of Rogue Rocket

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