No More Spiderman in Marvel Movies - Fans Are Really Upset

Updated Wednesday 21 August 2019 6:40

Spider-Man appears to have taken his last swing through Walt Disney Co.'s Marvel Cinematic Universe.

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Kevin Feige, the president of Disney-owned Marvel Studios, will no longer produce the “Spider-Man” movies released by rival studio Sony Pictures after the two companies failed to come to a new agreement, according to three people familiar with the matter who were not authorized to comment.

Disney, which had a major hand in producing megahits “Spider-Man: Homecoming” and its recent sequel “Far From Home,” wanted to take a 50% co-financing stake in future “Spider-Man” films, these people said. But Sony, which is riding high on the success of the Spider-Man movies, was unwilling to give up such a large portion of its most valuable franchise.

Another major factor in negotiations was the growing demands on Feige’s time, said people with knowledge of the situation.

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