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Disney and Sony strike a deal to keep Tom Holland's Spider-Man in the MCU

Last posted Oct 02, 2019 at 07:11PM EDT. Added Sep 27, 2019 at 09:50PM EDT
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I found an article regarding the information about how Sony and Disney were eventually able to come up with a deal to make the third Spider-Man movie in the MCU, thanks to Tom Holland.
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Sources say the star, 23, made multiple appeals to Disney chairman and CEO Bob Iger and Sony film chairman Tom Rothman to reach a resolution, announced Sept. 27, for Marvel to produce a third Spider-Man movie for Sony, and for the character to appear in at least one additional Disney-Marvel film.

Holland began flexing his diplomacy after the D23 Expo wrapped Aug. 25. He leaned on Rothman to re-engage with Disney (the actor was able to leverage his clout because he also is set to star in Sony's Uncharted) and also surprisingly reached out to Iger, beseeching one of Hollywood's most powerful executives to return to the table.

Money, as usual, was the sticking point. Initially, sources say, Disney sought a 50-50 co-financing deal. In January, a more modest 25-25 proposal was put on the table. Sources say Sony didn't counter for almost six months, so in June, before the opening of Spider-Man: Far From Home, Disney Studios co-chair Alan Horn abruptly broke off negotiations. During Far From Home's $1.13 billion-dollar run, both sides dug in their heels.

Eventually, a thaw began between Sony and Disney after Holland showed them the outpouring of fan support. In the end, the new deal had something for everyone. Disney won a considerable stake in a new movie, up from a nominal producing fee that sources say amounted to less than 5 percent of the gross for each of the first two Spider-Man films.

Last edited Oct 02, 2019 at 07:15PM EDT
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