THE DISNEY/SONY BREAK UP
Posted: 091319

A deal could not be worked out between Disney and Sony Pictures so Marvel Studios President Kevin Feige will no longer be involved in the production of any more Spider-Man films. Negotiations went on for months with Disney suggesting they put up 25% of the financing for future Spider-Man films and keep Feige as a producer. After a while Disney suggested a 50/50 co-financing arrangement between the studios that would involve other films in the Spider-Man universe. The Sony management team of Tom Rothman and Tony Vinciquerra proposed keeping the arrangement already in place which had Marvel receiving 5% of first dollar gross and keeping all the merchandising money. Disney hasn’t commented about the break down but Sony released a statement that downplayed Feige’s involvement in the franchise. Their statement went on to suggest that Feige didn’t have time to work on the future films anyway. When the story initially broke it was reported than both Jon Watts and Tom Holland were contractually obligated for two more Spider-Man films but according to Deadline Watts isn’t beholden to Sony at all and Marvel Studios is looking for a film for him to work on. Writers Chris McKenna and Erik Sommers are already working on a third film and Holland is only contracted for one more film. But that film will have no Marvel references in it at all so elements from Far From Home connected to the MCU would have to be removed. Sony’s stock did take a mild hit when the divorce was announced and talks between Disney and Sony have resumed. This story is far from over.

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