As per The Hollywood Reporter, the Marvel Studios president says he outright confirmed the news that the production company and Sony are looking forward to developing at least one more spider-man movie "because I don't want fans to go through any separation trauma like what happened after 'Far From Home.'"
The outlet obtained the quotes of Feige and 'Spider-Man: No Way Home' producer Amy Pascal from an interview published on Friday with the New York Times where both of them confirmed that their respective studios are currently inactive talks about where to take the superhero following the events of Tom Holland's third turn as the famed web-slinger.
"Amy and I and Disney and Sony are talking about -- yes, we're actively beginning to develop where the story heads next, which I only say outright because I don't want fans to go through any separation trauma like what happened after Far From Home. That will not be occurring this time," said Feige, mentioning the brief period in 2019 where the deal for Disney and Sony to co-produce the movies fell through.
For the unversed, around two months after Spider-Man: Far From Home was released, it was reported in August 2019 that negotiations between Sony film studio chief Tom Rothman and Feige on the then untitled third 'Spider-Man' movie had broken down.
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The deal falling through-- and at the time, seemingly ending the studios' 'Spider-Man' partnership -- was reportedly due to Disney's request for a higher percentage of the third film's gross, as well as all merchandising revenue, a request that Sony turned down. That standoff between Disney and Sony eventually came to an end in September 2019, thanks in part to Holland himself, reported The Hollywood Reporter.