Following the success of Spider-Man: Far From Home, it seems that the friendly neighborhood Spidey is set to take the mantle of Iron Man as the leading hero of the MCU. Now though, it seems that will no longer be the case. In a recent report by Deadline, it was announced that talks between Disney and Sony broke down regarding Spider-Man’s involvement in the MCU, so much so that MCU head Kevin Feige will no longer produce any of the next Spider-Man films. What this means is that essentially, Spider-Man will no longer be part of the MCU.

According to the report, Disney and Sony had a dispute over the past couple of months regarding finances. In their original deal, Disney gets around 5% of each solo Spider-Man movie’s first dollar gross (revenue from the first day of release); But with how lucrative the Spidey flicks are, Disney wanted to have a 50/50 split in profits. In response to this, Sony declined and instead seems to have pulled out of making any deal with Disney on Spider-Man.

In case you’re unfamiliar with Disney and Sony’s Spider-Man dispute, it all starts with movie rights. Sony holds the movie rights of Spider-Man, and so to integrate him to the MCU, Disney and Sony made an agreement that allowed MCU movies to start Spider-Man back in 2015. With the agreement, Spider-Man can star in other Marvel flicks (Such as Civil War and Avengers: Infinity War), but with the catch that Sony still holds financing/distribution rights to solo Spider-Man movies.

With the breakdown of the recent Disney-Sony talks, Spider-Man does seem to be on his way out of the MCU. But of course, Disney and Sony have yet to release the final word on Spider-Man’s status in the MCU. Here’s hoping the two companies can strike a deal to keep Spidey in the MCU.