After delivering two huge hits at the box office, Spider-Man will no longer be a part of the Marvel Cinematic Universe (MCU). Sony Pictures and Disney have parted ways, and that means that Kevin Feige will not be involved in the making of the next film about the wall-crawling superhero.

Sony Pictures issued a statement about the split and said that it was because of Feige’s busy schedule. However, sources told Deadline that the split happened because Disney was asking for a 50-50 split in the revenues that became a deal breaker.

Disney already has the rights to merchandise of Spider-Man. The ask of a 50-50 split has been described as “aggressive.” The franchise is Sony Pictures’ most valuable, and the sequel film “Far from Home” just became the highest grossing movie for the studio, making it difficult for the company to agree to the demands of Disney.

The negotiations for the revenue sharing agreement have been ongoing for a long time. While the two companies discuss the issue, the fans are concerned about the future of the franchise, especially when Spider-Man was central to the MCU after the events in “Avengers: Endgame.”

Sony Pictures is currently planning two more films of the character. However, with Feige gone it remains to be seen if Jon Watts, who helmed the two hit movies of the franchise, will be back to direct the third film.

Watts may be called to work on the other Marvel films that are currently in the pipeline. The options have also increased for future movies after the company acquired the rights to the X-Men franchise.

On the bright side, Sony Pictures’ statement appears to be hopeful about the future, Screen Rant reported. A deal can still be negotiated, and that means that Feige may get involved once again at some point in the future.

Spider-Man "Spider-Man: Far from Home" re-releasing in theaters. Marvel Studios/Facebook