We are all devastated to hear the deadlock between the two top studios- Disney and Sony over the future of the Spider-Man universe. As per the report, the dispute between Disney and Sony has darkened the possibility of the future of Spider-Man movies and it is confirmed that Marvel Studios president Kevin Feige won’t produce any further Spider-Man films as the two studios failed to reach constructive terms.
Responding to Kevin Feige’s involvement in the franchise, Sony Pictures tweeted, “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,”
As per the report of Deadline, Disney’s proposal for the 50/50 co-financing arrangement between the studios was “turned down flat” by Sony. Disney also declined the other configurations of Sony which was led by Tom Rothman and Tony Vinciquerra.
Disney was reluctant to continue the current profit terms where Marvel receives in the range of 5% of first dollar gross.
Spider-Man: Far From Home has become the all-time highest grossing film of Sony Pictures suppressing the previous hit James Bond film Skyfall.
The news left the fans dazed. A twitter hashtag #SaveSpiderMan has been on trend in India.