Sony Pictures Entertainment, which owns the Spider-Man franchise since 1999, has announced its partnership with Marvel Studios to bring a new version of the fictional character to life. (Also Read: Sony Hack Reveals Andrew Garfield's Fate in The Amazing Spider-Man Franchise)
The next Spider-Man film will hit theatres on July 28, 2017, reports variety.com.
Sony has owned the feature rights to Spider-Man since last 15 years, when Marvel sold the comic book story for $7 million.
According to the announcement, Sony and Marvel will cast a new Spider-Man after Andrew Garfield starred in the last two films, The Amazing Spider-Man and The Amazing Spider-Man 2 respectively.
Tobey Maguire played Peter Parker in the previous three instalments for Sony.
Marvel's Kevin Feige will produce the rebooted character with Amy Pascal, who recently stepped down as co-chairman of Sony in a new producer deal.
However, Sony will continue to distribute, finance, own and have final creative control of the Spider-Man films.
They'll work with Disney-owned Marvel on how to weave Spider-Man's character into Marvel's upcoming superhero films, which includes the popular franchise The Avengers.
