Los Angeles: Sony Pictures Entertainment is bringing its 'Spider-Man' franchise back to Marvel universe with the two companies planning to roll out the next film on July 28, 2017 with a new actor.
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.
Marvel's Kevin Feige will produce the rebooted Spider-Man with Amy Pascal, who recently stepped down as co-chairman of Sony in a new producer deal in the aftermath of the massive cyber attack on its computers.
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.
"I am thrilled to team with my friends at Sony Pictures along with Amy Pascal to produce the next Spider-Man movie, said Feige. 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.