No, this is about profit sharing, and Sony believing that after Marvel helped them get Spider-Man back on his feet, they can take the baton and keep running with it… and not run it into a wall, like they did with the Andrew Garfield films. The question becomes, do you trust their ability to do that? Several people weighing in on social media suggest that it’s ludicrous to think that the studio who delivered Venom and a handful of disappointing Spider-Man movies can successfully continue the web-head’s legacy. But this appears to be their plan.
Article source: https://www.cinemablend.com/news/2478412/spider-man-fallout-sony-disappointed-but-planning-to-move-on-without-marvel