TheHollywoodReporter has got their hands on an official statement from Sony Pictures on the recent reports that the studio hasn’t been able to reach an agreement on financing/producing for future Spider-Man movies.

Here is what Sony Pictures had to say about the situation. They clearly are placing the blame on Disney and Kevin Feige being busy with other Marvel projects to take-on Spider-Man.

“Much of today’s news about Spider-Man has mischaracterized recent discussions about Kevin Feige’s involvement in the franchise,” says a Sony spokesperson. “We are disappointed, but respect Disney’s decision not to have him continue as a lead producer of our next live-action Spider-Man film.”

“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,” says the statement. “Kevin is terrific and we are grateful for his help and guidance and appreciate the path he has helped put us on, which we will continue.”

It’ll be interesting to see what actually happens next.

Kevin Feige is indeed busy with Marvel Studios features and Disney+ shows, but it remains to be seen if this is really the case.

SOURCE: THE HOLLYWOOD REPORTER