Entertainment: Sony Addresses Drama With Disney Over Spider-Man Rights and Departure from Marvel Cinematic Universe - PressFrom - US

EntertainmentSony Addresses Drama With Disney Over Spider-Man Rights and Departure from Marvel Cinematic Universe

12:32  21 august  2019
12:32  21 august  2019 Source:   etonline.com

Spider-Man: Far From Home swings past $1 billion at worldwide box office

Spider-Man: Far From Home swings past $1 billion at worldwide box office Spider-Man: Far From Home earns $1 billion at worldwide box office

The news means that Spider - Man ’s appearances in Disney ’s Marvel Cinematic Universe films — as well as crossovers Marvel Studios and Sony first agreed on a deal over Spider - Man in 2015, which would allow for the character to appear in crossover Marvel films, even though Sony maintained the

Over time, the distribution rights to Marvel Studios' films changed hands on multiple occasions. In November 2006, Universal Pictures announced that In February 2015, Sony Pictures Entertainment and Marvel Studios announced a licensing deal that would allow Spider - Man to appear in the Marvel

Sony Addresses Drama With Disney Over Spider-Man Rights and Departure from Marvel Cinematic Universe © Courtesy of Sony Pictures

Fans found out on Tuesday that Spider-Man will no longer be a part of the Marvel Cinematic Universe, and the general consensus was one of crushing disappointment on social media.

Now, it seems that Sony is as "disappointed" as everyone else about the news, according to a statement the studio released Tuesday evening.

"Much of today’s news about Spider-Man has mischaracterized recent discussions about Kevin Feige’s involvement in the franchise," the studio said, referring to the president of Marvel Studios. "We are disappointed, but respect Disney’s decision not to have him continue as a lead producer of our next live action Spider-Man film."

Marvel Abandons 'Spider-Man' Films in Dispute With Sony

Marvel Abandons 'Spider-Man' Films in Dispute With Sony The successful partnership between Disney's Marvel Studios and Sony Pictures on the "Spider-Man" films has come to an end: Marvel has bailed out on the arrangement in a dispute over financing future films, an insider told TheWrap. The arrangement had been beneficial to both parties. "Spider-Man: Far From Home" released last month, was only the second Sony film and the first "Spider-Man" film to hit a billion dollars in worldwide box office. The partnership, which began with Tom Holland's Spider-Man appearing in 2016's "Captain America: Civil War," allowed Spider-Man to interact for the first time in the Marvel Cinematic Universe, trading quips with Captain America and le

Marvel Studios' Avengers: Infinity War: 10-Year Legacy Featurette. Do you like this video? The Marvel Cinematic Universe is a shared universe created by Marvel Studios, designated as Earth-199999 within Marvel 's multiverse system.

Spider - Man : Far From Home is a 2019 superhero film based on the Marvel Comics superhero of the same name. The film is a sequel to Spider - Man : Homecoming and Avengers: Endgame. It is the twenty-third film in the Marvel Cinematic Universe , the eleventh and final film of Phase Three

The drama over the beloved web-slinger goes back decades, but essentially stems from a deal struck by Sony -- who owns the rights to the character -- striking a deal with Feige several years ago that would allow Spider-Man to join the MCU.

In the very complicated arrangement, Feige was named as the lead producer on Spider-Man: Homecoming and Spider-Man: Far From Home -- both starring Tom Holland as the eponymous hero -- and it allowed the character to appear in three of the MCU's core films including Captain America: Civil War, Avengers: Infinity War and Avengers: Endgame.

As first reported by Deadline, talks to extend the deal between Sony and Marvel Studios, which is owned by Disney, have lasted for some time, and as the character has become increasingly more profitable, Disney and Feige have pushed for a larger cut of the profits, a point on which Sony has reportedly been unwilling to budge.

More than 70,000 angry fans have signed a petition to 'keep Spider-Man with Disney and the MCU'

More than 70,000 angry fans have signed a petition to 'keep Spider-Man with Disney and the MCU' A deal between Sony and Disney fell through, which means that Tom Holland's webslinger won't be able to appear as part of the Marvel Cinematic Universe. "After the news today that Sony walked away from their deal with Disney, I cannot in good faith stand by while Spider-man and his fans around the world become collateral damage," Nate Phillips, who created the Change.org petition, wrote in the description. "Spider-man in the MCU has brought some of the best moments in modern cinema history. SONY you must let go of this property or renegotiate with Disney to keep all of the fans happy.

Spider - Man 's web is being cut down to size. The decision will effectively remove the version of Peter Parker played by Tom Holland from the Marvel Cinematic Universe , separating arguably the most iconic Marvel comics superhero from the most successful superhero movie franchise of all time.

Marvel will ‘no longer be producing any Spider - Man films’, after Disney bosses failed to come to an agreement with Sony . According to Deadline, the studios were unable to come to an agreement over money, meaning Spidey is ducking out of MCU for now. The publication states Disney asked that any

However, their statement paints a different picture -- claiming the issue is one of time constraints -- and also includes a sentiment that will no doubt give fans hope that perhaps the two studios can come to an agreement.

"We hope this might change in the future, but understand that the many new responsibilities that Disney has given [Feige] -- including all their newly added Marvel properties -- do not allow time for him to work on IP they do not own," Sony's statement continued, presumably referring to Disney's recent acquisition of Fox, which will allow Marvel to bring X-Men and the Fantastic Four into the MCU in the future.

"Kevin is terrific and we are grateful for his help and guidance and appreciate the path he has helped put us on, which we will continue," Sony's statement continued, on a conciliatory note.

Regarding the "path" Feige's work as a producer has put Sony on, it's important to note that Spider-Man: Far From Home -- released in June -- became Sony's highest grossing film of all time, raking in a worldwide total of $1.1 billion.

Inside the Spider-Man Split: Finger-Pointing and Executive Endgames

Inside the Spider-Man Split: Finger-Pointing and Executive Endgames Spider-Man’s neighborhood has been decidedly unfriendly this week. A private and contentious battle over the onscreen future of the beloved Marvel superhero has spilled out into the public square over the past few days. After making nice for two wildly successful films, Sony Pictures, which holds the licensing rights to the Marvel character, will go it alone. As every fanboy and girl out there now knows, it will no longer partner with the Disney-owned Marvel Studios on producing sequels.

Spider - Man might be leaving Marvel Cinematic Universe after Homecoming's sequel, according to Sony boss. Sony seems insistent on releasing spin-off Spidey films for its own Spider - Man cinematic universe – which were also hinted at as Marvel boss defends Tom Holland over spoilers.

The Marvel Cinematic Universe Wiki is a community site dedicated to all Marvel Cinematic Universe movies and characters that appear in them, including Iron Man, The Incredible Hulk, Iron Man 2 Enjoy your stay! Spider - Man : Far From Home. Spidey swings into cinemas on July 2! Read more >.

The future of Spider-Man, and Holland's involvement with the franchise, is currently unclear. What is known is that -- barring a future change of direction, or Disney outright buying Sony -- Spider-Man will almost certainly no longer be a part of the MCU in any capacity.

The news had many people devastated and enraged, but it wasn't just fans who expressed their ire online. Avengers star Jeremy Renner -- who plays Hawkeye in the series --  took to Twitter to address Sony directly.

"Hey @sonypictures  we want Spider-Man back to @therealstanlee and @marvel please, thank you  #congrats #spidermanrocks."

For more on Holland's take on Spider-Man and the character's recent world-saving heroics in Far From Home, check out the video below.

Related video: 'Spider-Man: Far From Home': SPOILERS and UNANSWERED Questions!

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