Deadline reported Tuesday that Disney, Marvel's parent company, and Sony have reached an impasse in negotiations over future Spider-Man films - potentially ending a partnership that has been highly profitable for both studios.
Disney did not return a request for comment; Sony refused to comment on the record.
Sony controls the character, so if the partnership ended, Marvel Studios president Kevin Feige would no longer be a credited producer on Spider-Man releases. Plus, barring a loophole, Spider-Man would apparently no longer appear in Marvel Cinematic Universe.
Feige helped jump-start the character's cinematic presence after a Sony-produced Spider-Man sequel starring Andrew Garfield commercially underperformed in 2014. The webslinging character rebounded spectacularly in 2016 with a younger British actor, Tom Holland, inheriting the role for the Feige-led Marvel's Captain America: Civil War.
Holland then starred in Sony's Spider-Man: Homecoming ($880 million worldwide) in 2017 and Marvel's Avengers: Infinity War ($2.05 billion) last year, plus this year's Avengers: Endgame ($2.8 billion) and Spider-Man: Far From Home ($1.1 billion). That means the actor's Spider-Man/Peter Parker has appeared in films collectively grossing nearly $8 billion worldwide, making Holland, 23, a global star. The films have also had a mostly positive critical reception.
Feige has achieved historic box-office success since 2008's Iron Man launched the MCU, which has grossed more $22.5 billion globally across 23 films, including this year's Captain Marvel.
Sony, meanwhile, has several planned projects that involve its Spider-Man universe. It also won the animated feature Oscar this year for Spider-Man: Into the Spider-Verse.
Spider-Man was created by Marvel Comics' Stan Lee and Steve Ditko in the early '60s. Sony won the film rights to the character, with its 2002 Spider-Man, starring Tobey Maguire, helping to kick off the current phase in superhero cinema. The franchise has grossed more than $6.3 billion worldwide.
From 2007's Spider-Man 3 through to 2014's Amazing Spider-Man 2, the Sony franchise often seemed to lose its way. Once Sony and Marvel joined forces after that, the mostly positive critical reception to the films with Holland's Spider-Man has further bolstered Feige's cloud.
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