Spider-Man: No Way Home

It is intended to be the sequel to Spider-Man: Homecoming and Spider-Man: Far From Home , and the 27th film in the Marvel Cinematic Universe . By August 2019, negotiations between Sony and Marvel Studios to alter their deal—in which they produce the Spider-Man films together—ended with Marvel Studios leaving the project; however, a negative fan reaction led to a new deal between the two companies a month later. In July 2019, Marvel Studios President Kevin Feige said the third film would feature "a Peter Parker story that has never been done before on film" due to the ending of the second film, Spider-Man: Far From Home , which publicly revealed that Parker is Spider-Man.Homecoming and Far From Home director Jon Watts expressed interest in Kraven the Hunter being the main antagonist of the third film. By August 2019, development on two new Spider-Man films had begun with Sony hoping Watts and Holland would return for both; Holland was contracted to return for one more film, while Watts had completed his two-film deal and would need to sign on for any more films. Sony wanted to expand the deal to include more films than had initially been agreed on while keeping the same terms of the original agreement. Their statement acknowledged that this could change in the future, thanked Feige for his work on the first two films, and said they appreciated "the path has helped put us on, which we will continue." Chris McKenna and Erik Sommers were writing the screenplay for the third film by the time of Sony's announcement, after also doing so for Far From Home, but Watts was receiving offers to direct large films for other studios instead of returning to the franchise, including potentially working on a different property for Marvel Studios and Feige. In September, Sony Pictures Entertainment chairman Tony Vinciquerra said that "for the moment the door is closed" on Spider-Man returning to the MCU, and confirmed that the character would be integrated with Sony's own shared universe—Sony's Spider-Man Universe —moving forward. Responding to backlash from fans following the announcement, Vinciquerra added that "the Marvel people are terrific people, we have great respect for them, but on the other hand we have some pretty terrific people of our own. didn't do all the work ... we're pretty capable of doing what we have to do here." However, after this fan reaction continued at Disney's biennial convention D23, and at the urging of Holland who personally spoke to Disney CEO Bob Iger and Sony Pictures Motion Picture Group chairman Tom Rothman, the companies returned to negotiations. Sony and Disney announced a new agreement at the end of September 2019 which would allow Marvel Studios and Feige to produce another Spider-Man film for Sony, scheduled for July 16, 2021, keeping the character in the MCU. Disney was reported to be co-financing 25% of the film in exchange for 25% of the film's profits, while retaining the merchandising rights to the character. Feige stated, "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." He added that moving forward the MCU's Spider-Man would be able to "cross cinematic universes" and appear in Sony's own shared universe as well. This interaction was said to be "a 'call and answer' between the two franchises as they acknowledge details between the two in what would loosely be described as a shared detailed universe".