Marvel, which had sold the feature rights to the superhero to Sony in 1999 for USD 7 million, has inked a new deal with the company for the movie franchise that will feature a new face as the webcasting superhero after Andrew Garfield and Tobey Maguire.
Garfield starred in the last two films 'The Amazing Spider-Man' and 'The Amazing Spider-Man 2' while Maguire played Peter Parker in the other three installments for Sony.
She oversaw the USD 4 billion Spider-Man franchise for Sony for over 13 years. Sony will continue to distribute, finance, own and have final creative control of the Spider-Man movies.
Marvel, now owned by Disney, and Sony Pictures are also exploring opportunities to integrate characters from the Marvel universe into future Spider-Man films including 'The Avengers' and 'Captain America: Civil War' films.
"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," said Bob Iger, Chairman and CEO, The Walt Disney Company in a statement.
Sony chairman Michael Lynton said this was the right decision "for the franchise, for our business, for Marvel, and for the fans."
The new deal comes at a time when Sony is emerging from its biggest publicity crisis that saw private and embarrassing emails leaking in public following a massive cyber attack on its systems.
The hack attack on Sony saw the departure of Pascal as its co-chairman.
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