Sony responds to the news of the Spider-Man swinging out of the MCU
Despite the success of the two most recent Spider-Man films, which saw the superhero join Disney's Marvel Cinematic Universe thanks to an agreement with rights holders Sony, it appears that Tom Holland will no longer be featuring in stories tied to the MCU series of films due to Sony and Marvel Studio failing to agree terms.
The stumbling block was over how much creative control Disney would have with the character going forward with Disney also wanting and increased cut of revenues generated by the Spider-Man films in return for their involvement with the story development. Sony want to retain the current terms and revenue split. It appears that an agreement couldn't be reached so any further adventures of Tom Holland's Spidey will now be standalone films.
Overnight Sony issued a number of tweets in response the to the story saying:
"Much of today’s news about Spider-Man has mischaracterized recent discussions about Kevin Feige’s involvement in the franchise. 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.
We hope this might change in the future, but understand that the 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.
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."
It would appear that, Disney and Marvel decided that in return for their management of the character they wanted more money due to the rise in popularity of the character since he joined the MCU. Sony, owning the rights to use the character in film were not in agreement and unless there are any last minute u-turns Spider-Man: Far From Home will be Holland's MCU swansong.