Tom Holland's Spider-Man to return to MCU as Sony, Marvel strike deal for one more movie

Sony Pictures and Marvel jointly announced on Friday that Kevin Feige will produce the third film in the 'Spider-Man: Homecoming' series

Sony Pictures and Marvel have struck a new deal and now will be working on the highly anticipated third film in the 'Spider-Man: Homecoming' series. 

It was earlier announced that Spider-Man would no longer be part of the Marvel Universe as the companies could not come to an agreement on a new financing deal.

The two companies announced on Friday that Marvel Studios and its president, Kevin Feige, will produce the new film which will see Tom Holland reprising his role as the beloved webslinger.

Marvel Studios co-president Kevin Feige shared, "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. Spider-Man is a powerful icon and hero whose story crosses all ages and audiences around the globe. He also happens to be the only hero with the superpower to cross cinematic universes, so as Sony continues to develop their own Spidey-verse, you never know what surprises the future might hold," reported Variety

Producer Amy Pascal added that it has been a "winning partnership" for both studios.

Disputes over the profit-sharing structure had put Spidey's future in the MCU in doubt, much to the chagrin of many fans who had enjoyed seeing Spider-Man fighting alongside The Avengers.

The next Spidey film will hit theaters on July 16, 2021.

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