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Sony and Marvel team up for the future of Spider-Man

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Los Angeles: Sony and Marvel/Disney are finally bringing Spider-Man and the Avengers back together.

The studios announced a deal late Monday night in which the next installment of Sony’s $4 billion Spider-Man franchise will be co-produced by Marvel Studios head Kevin Feige along with Sony’s Amy Pascal for a July 28, 2017, release. But first, Spidey will appear in an unspecified Marvel film.

According to the release, other characters from the Marvel Cinematic Universe, such as Iron Man, Thor and Captain America, may also be integrated into future Spider-Man movies. Though the characters have interacted in Marvel’s comic books for decades, they’ve been segregated in the movies because of various licensing agreements that predated the explosion of superhero movies.

“Amy (Pascal) has been deeply involved in the realization on film of one of the world’s most beloved characters. Marvel’s involvement will hopefully deliver the creative continuity and authenticity that fans demand from the MCU,” Feige said in a statement.

Pascal, in the wake of the Sony hack, recently announced her transition from co-chair of Sony Pictures Entertainment to the head of a new production venture at the studio.

The Spider-Man pact is a significant partnership between rival studios Disney, who owns Marvel, and Sony, who holds rights to the Marvel-created Spider-Man character.

Sony has launched two franchises on Spider-Man’s back, with Sam Raimi’s three films starring Tobey Maguire, followed by Marc Webb’s reboot with Andrew Garfield for two films.

“This is the right decision for the franchise, for our business, for Marvel, and for the fans,” said Sony Chairman Michael Lynton.

“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,” Walt Disney Studios Chairman and CEO Bob Iger said in a statement.

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