A breakdown in talks between Sony Pictures and Marvel had imperiled the web-slinger's celluloid future, but the two companies announced a deal Friday for Marvel Studios to produce the third Spidey film starring British actor Tom Holland. Related Stories Sony ousts Spider-Man out of the MCUThe film -- which follows up on "Spider-Man: Homecoming" and "Spider-Man: Far from Home" -- is set for release on July 16, 2021, the studios said. Marvel Studios president Kevin Feige will take up his usual role as producer. Sony and Disney, which owns Marvel Studios, had reached an impasse over the summer on a new financing deal -- sparking despair for fans who have embraced Holland's take on the teen hero. As part of the deal, the character will also appear in a future Marvel Studios film.

Source: Philippine Star September 28, 2019 02:26 UTC