EDIT: Radio silence on this over several days suggests it may not be true, and that the sources may have been reporting a possible deal as one that had been made. So take it with a massive grain of salt unless it is actually confirmed.
It does seem like negotiations are currently ongoing, but the specifics of this seem less and less likely to be true.
I'm still not convinced this is the "end" of Spider-Man and the MCU. As deals like this failing and then terms being ironed out and another deal being made within weeks or even months later apparently isn't all that unusual. /edit
Sony and Disney have reportedly made a deal regarding Spider-Man.
I honestly expected it to take longer, but this is basically what I expected.
There will supposedly be some announcements at D23.
Sauce:
https://cosmicbook.news/spider-man-deal-7-movies-avengers
Also:
https://deffinition.co.uk/spider-ma...m-holland-instagram-post-and-new-deal-update/
From the sound of it, it is a six picture deal, with an option for a seventh. Tom Holland will remain Spider-Man for the foreseeable future.
The two companies apparently agreed on a 70-30 split. Sony's initial refusal was probably a smart move for them.
Sony has permission to make TV shows involving the Spider-Man characters. They initially only had the rights to make movies.
Disney networks, notably Disney+, will likely have the distribution rights to these shows.
Plus, if another company buys Sony, the rights to Spider-man will revert back to Disney and Marvel.
So we still are getting Spider-Man 3, plus another trilogy showing Peter in college, plus he will also be in at least two more Avengers movies, and will likely show up in Fantastic Four or a sequel to it. They are reportedly doing the Johnny Storm and Spider-Man bromance, which will likely kick off in an Avengers film.
It also suggest that Ice Man and Fire Star will be involved with the second trilogy. Pretty much confirming that an X-men franchise reboot will likely happen before then.
Tom Hardy's Venom is also reportedly a part of the deal as well and will be making his way into the MCU as a result of it. So that means the Sony Venom and Venom 2 movies will now be canon for the MCU. So there may be elements of the MCU in Venom 2.
It is unclear if this will mean other Spider-verse movies made by Sony, such as Morbius, will also be a part of the MCU or not.