Marvel says they have pulled out of producing Spider-Man movies due to a dispute with Sony and Disney (Marvel’s Parent company.)
The issue is money: Disney reportedly asked that future Spider-Man films be 50 / 50 coproductions between Disney and Sony, instead of the current deal, which is said to give Marvel (and Disney) five percent of gross box-office revenue.
We hope this might change in the future, but understand that the many new responsibilities that Disney has given him – including all their newly added Marvel properties – do not allow time for him to work on IP they do not own. (2/3)
— Sony Pictures (@SonyPictures) August 21, 2019