Under the terms of the deal Spider-Man will first appear in a Marvel film from Marvel’s Cinematic Universe (MCU).
Sony Pictures will then release the next instalment of its $4 billion Spider-Man franchise in the summer of 2017, in a film that will be co-produced by Marvel Studios’ Kevin Feige and Sony Pictures’ Amy Pascal.
Marvel and Sony Pictures are also exploring opportunities to integrate characters from the MCU into future Spider-Man films.
The new relationship will please fans who have speculated for a number of years on Spidey’s inclusion in Marvel’s hugely popular cinematic universe, being an integral character within the Marvel Universe in the comic books.
Bob Iger, Chairman and CEO of The Walt Disney Company said: “Spider-Man is one of Marvel’s great characters, beloved around the world. We’re thrilled to work with Sony Pictures to bring the iconic web-slinger into the Marvel Cinematic Universe, which opens up fantastic new opportunities for storytelling and franchise building.”
Doug Belgrad, president of Sony Pictures Entertainment Motion Picture Group, added: “Sony Pictures and Marvel Studios share a love for the characters in the Spider-Man universe and have a long, successful history of working together. This new level of collaboration is the perfect way to take Peter Parker’s story into the future.”
Questions arose over whether actor Andrew Garfield would remain as Spider-Man, after Sony leaks revealed that Marvel wanted to reboot the character with a new actor taking over the role.
Spider-Man is the most successful franchise in Sony Pictures history, the five films having taken more than $4 billion worldwide.