Highsnobiety

Last week, it was announced that Sony and Marvel finally learned how to play nice again, setting aside their differences to officially announce a third Spider-Man film. Now, new details about the deal have emerged and it seems like the reconciliation is all thanks to Tom Holland.

According to The Hollywood Reporter, Holland flexed his negotiation skills and reached out to Disney CEO Bob Iger and Sony's film chairman Tom Rothman to see if a deal could be made to keep Peter Parker in the MCU.

Thanks to Holland, both Disney and Sony agreed to re-enter negotiations and the two studios finally agreed to make one more Spider-Man movie, with Disney putting in 25 percent of the costs and getting 25 percent of the profits, a drop from its original 50-50 positioning.

"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," Marvel chief Kevin Feige in a statement regarding the new movie. "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."

The next Spider-Man will hit theaters July 16, 2021.

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