The news of the indefinite halt of production on the third installment of the Spider-Man franchise has sent shockwaves through the entertainment industry. After months of speculation, Sony Pictures has officially announced that production on the highly anticipated sequel has been halted indefinitely.
The news comes as a surprise to many fans, as the film was set to begin shooting in the summer of 2021. The film was set to be directed by Jon Watts, who helmed the first two films in the franchise, and was set to star Tom Holland as the titular hero.
The reason for the halt in production is unclear, but it is believed to be due to the ongoing pandemic. With the global health crisis still ongoing, it is likely that Sony Pictures felt it was too risky to move forward with the project.
The halt in production also comes at a time when the future of the Spider-Man franchise is uncertain. Sony Pictures and Marvel Studios have been in a dispute over the rights to the character, and it is unclear if the two studios will be able to come to an agreement.
It is unclear when production on the third installment of the franchise will resume, or if it will resume at all. For now, fans of the franchise will have to wait and see what the future holds for Spider-Man.
Today, fans of the Marvel Cinematic Universe were dealt a huge blow. Marvel Studios, in an announcement made earlier this afternoon, has indefinitely halted production on the highly anticipated sequel to Spider-Man: Far From Home, Spider-Man 3.
The news comes after months of negotiation and speculation between Sony Pictures and Marvel Studios that went down to the wire. The conflict centers around the future of Marvel’s involvement with the Spider-Man franchise. This issue was brought to the forefront after Sony released a statement in August stating “Sony Pictures and Marvel Studios have jointly decided on a business model to finance future Spider-Man films. The two studios will share the rights to finance, produce and distribute future Spider-Man movies.”
Naturally, fans were disappointed with the news; however, Marvel Studios President Kevin Feige has promised “…Spider-Man will be in the future of the Marvel Cinematic Universe and we look forward to working with Sony to continue to bring the inspiring, amazing, and heroic stories of Spider-Man to life for fans around the world.”
Though there is no word yet on when production on the film will resume, fans can take solace in the fact that Disney and Sony have both issued statements that neither entity will be cutting ties with one another. As the details of the production come out of the woodwork, and Hollywood discovers a new business model for financing films, fans will have to wait and see what the future holds for their friendly neighborhood Spider-Man.