Sony and Disney Agree to New SPIDER-MAN Deal to be in the Marvel Cinematic Universe

Holy crap 'tis a glorious day as Sony and Disney have agreed to a new deal involving Spider-Man being in the Marvel Cinematic Universe!

According to Deadline the finer detail of this new deal are unknown, but Spidey will appear in Marvel Studios movies once again. He's the important information from their report:

"Sony and Walt Disney Studio’s Marvel, headed by Kevin Feige, have mended fences and will team on the third Spider-Man: Homecoming pic together with Tom Holland starring. Deadline always had a sense that there was a possibility that Sony and Marvel would come together on this. The third film is scheduled for release on July 16, 2021. As part of the arrangement, Spider-Man will also appear in a future Marvel Studios film. 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,' said Feige in a statement. '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.'

“'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,' said Pascal. 'This has been a winning partnership for the studios, the franchise and the fans and I’m overjoyed it will continue.'”

Now everyone go out and have a great weekend since Spider-Man is back in the MCU!

UPDATE: Here's some details of this new deal from Variety:

"The new deal was signed late on Thursday night. Negotiations involved top players from both studios, including Sony Pictures chief Tom Rothman, Feige, and Walt Disney Studios head Alan Horn. In exchange for lending Feige’s producing prowess, Marvel and Disney will receive roughly 25% of the profits, according to insiders. Disney will retain its merchandising rights. As part of the arrangement, Spider-Man will also appear in one future Marvel Studios film."