Bob Iger Says New Spider-Man Deal Ends the Sony and Disney Feud

Bob Iger Says New Spider-Man Deal Ends the Sony and Disney Feud

It’s been wild month since Sony pulled Spider-Man out of the MCU over a contract dispute with Disney/Marvel. For a few weeks, Sony seriously seemed to be willing a third Spider-Man movie with Tom Holland without any MCU connections. However, a new Spider-Man deal has been signed that will keep Holland in the MCU for at least one more solo film as well as an appearance in another Marvel movie.

Disney CEO Bob Iger responded to the new deal on Twitter, where he thanked Sony for sharing Spidey. He also declared an end to the Disney and Sony feud.

RELATED: Tom Holland Responds To New Spider-Man’s MCU Deal

The Spider-Man standoff was widely believed to be over money. Under the previous terms, Disney and Marvel only received 5% of first dollar gross from Spider-Man films. Disney reportedly wanted as much as 50% of the profits in a 50/50 co-financing deal. In turn, Sony wanted to maintain the original terms of the deal.

However, the new Spider-Man deal does give Disney a larger share of the box office. Sony still gets 75% of the film’s take, while Disney will get 25% and contribute 25% of the budget. But this may be only a temporary solution to a long term issue. It remains to be seen what Sony and Disney will want after the current deal expires.

Sony and Marvel’s next Spider-Man film will hit theaters on July 16, 2021.

Do you think this is really the end of the Sony and Disney feud over Spider-Man? Let us know in the comment section below!

Recommended Reading: Spider-Man: Far From Home – The Art of the Movie