Marvel fans had their worst fears realized on August 20, when it came to light that Disney and Sony couldn't come to an agreement to keep Spider-Man in the Marvel Cinematic Universe in upcoming releases. Sony Pictures is committing to continuing the Spider-Man franchise without Marvel Studios' involvement, but that is the fault of Disney for cutting short a lucrative deal, according to the studio's response.
More recently, in a statement sent to CNET, a Sony representative confirmed Disney's reluctance to have Feige serve as a producer on Sony-led Spider-Man movies was a major part of the issue. "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".
The two production companies have failed to reach new terms that would have given Disney a co-financing stake going forward, Deadline first reported. A follow-up, this year's "Spider-Man: Far From Home", grossed US$1.1 billion, a record for the series and for Sony.
The hashtags #BoycottSonySpiderMan and #BoycottSony have been trending today, suggesting that Marvel fans won't go and see Spider-Man movies made outside of the MCU. Obviously, Sony turned that down, wanting the current deal - in which Disney also receives all merchandising revenue - to continue instead.
Now, while there was some hope that all this was just a web full of rumours, Sony's official comment has confirmed that the deal between Sony and Disney has fallen through.
Across the internet, #BoycottSony is gaining traction as fans desperately voice their hope that Spider-Man will remain in the MCU.
Sony is widely believed to be developing two more "Spider-Man" movies, with Holland reprising his role as the webslinger, but has not officially announced those titles. The last two MCU Spider-Man films account for almost $2 billion, a third of Sony's Spider-Man gross in the past 20 years. Yes, the friendly neighbourhood superhero, who won our hearts with his bond with Tony Stark aka Iron Man, could be kissing the Marvel world goodbye and all this over some money.