It seemed as though the door was closed, but Spider-Man is officially continuing in the MCU with a third movie.

The announcement was jointly made today (September 27) by Sony Pictures Entertainment and The Walt Disney Studios, ending weeks of concern for Spider-Man fans about Tom Holland's future as the webslinger.

It seems as though the third movie will be part of Phase 4, as the release date has been set for July 16, 2021 – after Doctor Strange in the Multiverse of Madness but before Thor: Love and Thunder.

Jay Maidment Sony Pictures

As part of the new deal between Sony and Disney, Spider-Man will also appear in a future Marvel Studios movie, but we don't know which one yet.

As with the first two movies with Holland as Peter Parker, Marvel Studios boss Kevin Feige will co-produce the threequel with Amy Pascal through her company Pascal Pictures.

"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," said Feige.

"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."

Jesse Grant/Getty Images for Disney

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That final quote hints that maybe the deal will see Holland play the role in a Spider-Man: Into the Spider-Verse sequel, or another Sony offering like Venom 2. But that's just us speculating for now.

It looks like Holland's stoked about the news too. The actor shared a clip from The Wolf of Wall Street on his Instagram account, in which Leonardo DiCaprio's Jordan Belfort declares, "I'm not leaving!" – a clear reference to the fact that his character isn't leaving the MCU for now.

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"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," added Pascal.

"This has been a winning partnership for the studios, the franchise and the fans and I'm overjoyed it will continue."

And so is everyone else.

Spider-Man 3 will be released on July 16, 2021.

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