Tom Holland who starred as the marvel superhero in Spider-Man: Homecoming was also seen in Avengers: Infinity War. The sequel will be directed by Jon Watts who also directed the first film. The scriptwriters Chris McKenna and Erik Sommers are also on board to write the plot for the sequel. It was rumoured last year that Gyllenhaal was in talks to take over the role of Batman from Ben Affleck in DC Universe, but he subsequently quashed the rumours. He was also speculated to be cast as Spider-Man in Sam Raimi’s Spider-Man 2 back in 2004 when Tobey Maguire had hurt his back and tried to negotiate for a higher salary. However, that did not materialize and Maguire resumed his role of Peter Parker.
Now, finally the Brokeback Mountain star Gyllenhaal will feature in a superhero film albeit as a prime villain. He is best known for starring in critically acclaimed films like Nightcrawler, Prisoners, Brokeback Mountain (for which he earned an Oscar nomination for the Best Supporting actor), and the cult classic Donnie Darko.
There are no further details about the film. However, Marvel boss Kevin Feige did talk about how the film will be the next phase of the MCU universe after Avengers 4. He said, “So much happens in (the third and fourth Avengers movies), as you can imagine, and so much is affected by it, that we felt what better person to hold your hand and lead you into the next incarnation of the MCU, in a grounded, realistic manner, than Peter Parker? So, coming out two months after Untitled Avengers much of what the next Spider-Man film will be about." The film Spider-Man: Homecoming’s sequel is slated for release on July 5, 2019.