Split no more, Spider-Man gets another swing with Marvel

Why Spider-Man and Mysterio haven't already met has huge implications not only for "Spider-Man: Far From Home" but the entirety of the Marvel Cinematic Universe going forward. (Disney, Columbia Pictures / YouTube)

LOS ANGELES -- Spider-Man won't be leaving the Marvel Cinematic Universe anytime soon.

After a public fallout last month, Sony Pictures Entertainment and The Walt Disney Studios have found a way to work together. The studios said Friday that they would be teaming up once more to produce a third "Spider-Man" film starring Tom Holland.

Disputes over the profit-sharing structure put Spidey's future in the MCU in doubt, much to the chagrin of many fans who had enjoyed seeing Spider-Man fighting alongside The Avengers.

Marvel Studios president Kevin Feige said in a statement that he's thrilled that the character's journey in the MCU is continuing. Producer Amy Pascal added that it has been a "winning partnership" for both studios.

The next Spidey film will hit theatres on July 16, 2021.