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enlarge “Mr. Feige, I don’t feel very well.” Marvel Studios president Kevin Feige will not produce the next two Spider-Man films with Sony Pictures.

Update, August 21, 2019, 11:15 am: Sony Pictures has a official statement via Twitterfocused mainly on what happened regarding Kevin Feige’s producer role:

Much of today’s Spider-Man news has mischaracterized recent discussions about Kevin Feige’s involvement in the franchise. We are disappointed, but respect Disney’s decision not to let him continue as lead producer of our next live action Spider-Man movie. We hope this may change in the future, but understand that the many new responsibilities Disney has given him – including all of their newly added Marvel properties – won’t give him time to work on IP they don’t own. Kevin is wonderful and we are grateful for his help and guidance and appreciate the path he has given us, which we will continue.

Original story:

Deadline Hollywood reports that future blockbuster movies in the Marvel Cinematic Universe will likely miss a key figure: Spider-Man. Apparently, Sony Pictures and Disney/Marvel have failed to reach new terms for the franchise that are mutually acceptable. That means Marvel Studios president Kevin Feige won’t be a producer on the next two Spider-Man movies reportedly in the works.

It’s quite shocking news, as this summer Spider-Man: Far From Home seemed to set up young Peter Parker (Tom Holland) as a worthy successor to Tony Stark’s Iron Man in future MCU movies. But there were hints: Marvel hasn’t announced any new Spider-Man movies at San Diego Comic Con this year, though the studio did reveal a slew of projects in development for the next phase of the MCU, now the original Avengers multi-movie. storyline has come to a fitting end with Endgame

So what happened? Of course everything revolves around money. Under the current arrangement, Disney will have the merchandising rights and will receive 5% of the first dollar gross profit (how much a movie earns at the box office on its first day of release), according to Deadline. Sony has the distribution and screen rights to Spider-Man’s solo films, starting with Sam Raimi’s 2002 Spider Man with Tobey Maguire. Disney pushed for a 50/50 co-financing deal going forward, which Sony rejected. Nobody flinched, so here we are.

Frankly, this is a mind-bending move by Sony, given the key role Feige played in successfully rebooting the Spider-Man franchise with Holland in the title role. Granted, it’s understandable that the studio wouldn’t want to give up so much of its stake in its most successful (and profitable) franchise. Spider-Man: Far From Home was the studio’s highest-grossing film ever. But as Deadline Hollywood points out, it’s a bit like saying you can win the NBA championship without Michael Jordan:

Feige’s first decade at Marvel is largely flawless, and his consistency is nothing short of historic: even George Lucas, Steven Spielberg, and Peter Jackson haven’t seen everything turn into a hit, so perhaps only James Cameron has the record of success Feige has achieved. But Feige has done it all in the past 10 years, producing and mentoring 23 superheroes, without a flop in the pack. They have all been number one openers, grossing $26.8 billion together. Feige went on to become the highest-grossing film producer for two studios – Sony and Disney – this year, producing three of the top four highest-grossing films this year. Avengers: Endgame, Captain Marvel and Spider-Man: Far From Home† This after scoring the first-ever Best Picture Oscar nomination for a superhero film last year with Black Panther† I can’t think of a Hollywood producer/executive who has done such a thing.

That said, Sony produced the Oscar-winning Spider-Man: Into the Spider-Verse independent of Disney, so maybe it’s a good business decision after all. Tom Holland and director Jon Watts are still signed for future Spider-Man movies, among others. And Disney/Marvel has all those new projects for the next phase of the MCU in the works. As for Feige, he’s taking on the X-Men universe, including Deadpool, on top of everything else in the wake of the 20th Century Fox acquisition. So he will have his hands full. The only real losers here are MCU fans, who will miss seeing their favorite web slingshot mix with the surviving Avengers and other characters in the future.

By akfire1

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