On Friday, Sept 27, Marvel Studios and Sony Pictures reached an agreement to include Spider-Man in the Marvel Cinematic Universe after Sony previously pulled Spider-Man from Marvel due to disputes regarding payment of Sony after the release of Spiderman: Far From Home. 

The movie became Sony’s highest grossing movie of all time, which led to Marvel requesting that all profits from future Spider-Man movies be split evenly between the two companies. Previously, the majority of profit from a Spider-Man movie was given to the studio producing the film, meaning that if Marvel released a movie featuring the hero, they would get most of the money made from the movie, while Sony would get a small percentage off of it.
Sony denied the contract, which led to Marvel pulling all their cinematic characters from any movie by Sony as well as removing Kevin Feige and any directors associated with Marvel from director roles in any future movie by Sony.

When asked to comment, Kevin Feige stated “I’m feeling about Spider-Man gratitude and joy. We got to make five films within the MCU with Spider-Man: two standalone films and three with the Avengers. It was a dream that I never thought would happen. It was never meant to last forever. We knew there was a finite amount of time that we’d be able to do this, and we told the story we wanted to tell, and I’ll always be thankful for that.” At the time, Feige had a positive attitude towards the exclusion of the hero from his films. 

“We hope this might change in the future, but understand that 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.” says Sony Pictures. 

After this, a new deal was struck between Marvel and Sony, which states that Marvel will produce the next Spider-Man movie, and that he will be featured in future movies set inside of the Marvel Cinematic Universe. 

Tom Holland is still representing the character, and will stay as Spider-Man for both companies. Holland also called the CEO of Disney in order to try to bring Spider-Man back into Marvel. “We spoke, and he basically cried on the phone” says CEO of Disney, Bob Iger.

“I’m really happy about it [Spider-Man being back in Marvel], I thought that Spider-Man not being in the MCU would have ruined it so now that it’s confirmed he’s in it makes me look forward to phase 4 again,” says Junior Ben Ferris.