Fans of Tom Holland’s Spider-Man can finally stop whining, as Sony Pictures and Disney have agreed to a new financing deal that will keep the wall crawler in the Marvel Cinematic Universe. Under the new agreement, Marvel and Disney will receive roughly 25% of the profits, as well as all merchandising rights.

Marvel Studios president Kevin Feige will return as a consulting producer for the next film, which will be released on July 16, 2021 and continue the “Homecoming” series. The new deal also allows for Spider-Man to feature in one future Marvel film.

“I am thrilled that Spidey’s journey in the MCU will continue, and I and all of us at Marvel Studios are very excited that we get to keep working on it,” Feige said in a statement. “Spider-Man is a powerful icon and hero whose story crosses all ages and audiences around the globe. He also happens to be the only hero with the superpower to cross cinematic universes, so as Sony continues to develop their own Spidey-verse you never know what surprises the future might hold.”

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