Is this real life? My heart is beating so fast because it’s official: Sony *finally* agreed to Disney’s terms to co-finance a third Homecoming movie. (Check out our previous coverage here.)

Plus, Tom Holland’s Spider-Man will appear in another Disney/Marvel movie. The deal calls for Disney/Marvel to also receive a 25% equity stake in the forthcoming Homecoming film — scheduled for a July 16, 2021 release — and also keeps creative control with Walt Disney Marvel Studios head Kevin Feige, according to Deadline.

“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.”

Amy Pascal, who produced the first two Holland-led films, will also do so for this third movie.

“This is terrific. Peter Parker’s story took a dramatic turn in Far From Home and I could not be happier we will all be working together as we see where his journey goes,” Pascal says. “This has been a winning partnership for the studios, the franchise and the fans and I’m overjoyed it will continue.”

Wheeling and dealing aside, this is an epic win for fans, many of whom were *d e v a s t a t e d* when Sony and Disney failed to reach an agreement in late August.

Spider-Man: Far From Home was Sony’s biggest film ever, bringing in $1.13 billion worldwide and ousting Skyfall, which brought in $1.1 billion.

H/T Deadline

Photo: Marvel Studios