On Friday we brought you the breaking news that Sony Pictures and Marvel Studios had struck a deal for Spider-Man to remain in the MCU.
Now Disney CEO Bob Iger has weighed in on what this means going forwards in a tweet which declares the “feud” between the studios as over.
Iger also thanks Sony for remaining at the table and discussing the fact negotiations have been ongoing behind the scenes.
It is said the new Spider-Man deal gives Disney a larger share of the box office. Sony still gets 75% of the film’s box office receipts, whilst Disney will get 25% and contribute 25% of the budget.
Sony and Marvel’s Spider-Man 3 will hit theaters on July 16, 2021.