AAARRGGH! We fans thought things were bad with the imploding DCEU and Henry Cavill and Ben Affleck’s departures, but now this! Superhero fans are still reeling from yesterday’s news that Spider-Man will no longer be in the Marvel Cinematic Universe (MCU). To say this was a surprise is putting it way mildly. It’s a bigger shock to our collective consciousness than Trump winning the presidency in 2016. We all thought things were going great between Sony, who owns the film rights to Spider-Man, and Disney/Marvel. Spider-Man: Far From Home is a smash hit, earning $1.1 billion dollars, making it Sony Pictures biggest money maker of all time. Disney’s Marvel Studios, which produced Spider-Man: Far From Home, is continuing to earn accolades as they sit on top of the box office world. The sharing of Spider-Man with Marvel Studios was for him to appear in six MCU films and so we all waited for news of when that film would happen and when the two film studios would announce a new deal extending Spider-Man’s presence in the MCU.
But it was not to be. Deadline reported that negotiations broke down between Disney and Sony after Disney demanded unreasonable terms. When the news first broke, everyone was out with the pitchforks for Sony because let’s be honest, their track record for their own Spider-Man films has not been great. Sure, they released the classic Spider-Man: Into the Spider-verse, which won the Academy Award for best animated film and Venom was a far bigger success than it had a right to be. But their last three live-action Spider-Man films have not enthralled the world and the studio was seeing diminishing returns for their efforts, which prompted them to make a deal with Marvel Studios.
The arrangement to share Spider-Man between the two studios worked beautifully for everyone. Marvel and MCU fans got to see comic book company’s most popular hero be a part in the MCU. Marvel Studios used their topnotch talent to create a Spider-Man that felt more faithful to his comic book source while being updated. This led to a revitalized interest in the hero as audiences responded positively to the MCU reboot of the Web-slinger. His presence in the last two Avengers films and Captain America: Civil War were delightful highlights and he gelled nicely with the larger MCU. Meanwhile, Sony was able to reap the financial rewards of the two Spider-Man MCU solo films, Spider-Man: Homecoming and Far From Home. One would think that the two studios would want to continue this relationship.