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Spider-Man is undoubtedly one of the most recognised superhero characters in the world. So, when Sony Pictures announced that the character would no longer be part of Disney's Marvel Cinematic Universe (MCU), millions of fans were disappointed. However, in a recent announcement, both Sony and Marvel have seemingly patched up and it seems Spider-Man will be part of the MCU for the near future. The third installment of Spider-Man's MCU arc will see other Marvel superheroes teaming up with him. Here are the details.

According to an official confirmation by Sony and Marvel, at least a third Spider-Man movie in the MCU will be made. The untitled Spider-Man movie will release on July 16, 2021, and will likely be directed by Jon Watts.

To recall, Spider-Man was last seen in Spider-Man: Far From Home where the movie ended on a cliffhanger as Mysterio revealed Spider-Man's true identity to the world through a news report, tagging him as an antagonist. The third Spider-Man film is expected to introduce yet another villain into the MCU.

Back in August, Sony revealed that Spider-Man would be breaking away from the Marvel Cinematic Universe due to agreement differences between them and Marvel. According to reports, Marvel wanted a 50-50% profit and cost sharing deal with Sony, which the latter did not approve of. This thinking could have been because Sony probably thought it had taken Spider-Man to global acclaim.