After briefly breaking up, Sony Pictures and Marvel have found a way to get back in the Spider-Man business together.

On Friday (27th September), the two companies jointly announced that Marvel Studios and its president, Kevin Feige, will produce the third film in the “Spider-Man: Homecoming” series.

It will once again feature Tom Holland reprising his role as the titular hero. The rumor mill roared back to life this week with hints that the two companies were close to brokering a new agreement.

The film is scheduled for release on July 16, 2021. Amy Pascal will also produce through Pascal Pictures, as she has on the first two Holland-led films.

“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. Spider-Man is a powerful icon and hero whose story crosses all ages and audiences around the globe. He also happens to be the only hero with the superpower to cross cinematic universes, so as Sony continues to develop their own Spidey-verse you never know what surprises the future might hold.” – Kevin Feige

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“This is terrific. Peter Parker’s story took a dramatic turn in ‘Far From Home’ and I could not be happier we will all be working together as we see where his journey goes” – Amy Pascal

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Check out the latest Spider-man instalment ‘Far From Home’ available on Amazon now.