Tom Holland reportedly played a key role in ensuring Spider-Man’s return to the Marvel Cinematic Universe (MCU).
In August (2019), it was revealed that bosses at Sony Pictures and Disney, the parent company of Marvel Studios, couldn’t agree on new co-financing and profit-sharing terms. Therefore, the deal they made in 2015 to share the film rights to Spider-Man was off – meaning the web-slinging superhero, played by Holland, would no longer be a part of the MCU.
However, the following month both companies announced Marvel Studios president Kevin Feige will produce a third MCU Spider-Man film starring Holland – and insiders have claimed it was at the actor’s insistence both studios reached a resolution in the issue.
“Sources say the star, 23, made multiple appeals to Disney chairman and CEO Bob Iger and Sony film chairman Tom Rothman to reach a resolution,” The Hollywood Reporter claimed.
The terms of the new deal mean Disney will forfeit 25 percent of their profits from upcoming movies, compared with the previous 50-50 deal, but will also only pitch in 25 percent of the film’s budget.
Speaking of the arrangement, Feige commented: “I am thrilled that Spidey’s journey in the MCU will continue, and I and all of us at Marvel Studios are very excited that we get to keep working on it.”
The new Spider-Man film is scheduled to hit cinemas July 2021.