Given the conclusive nature of Avengers: Endgame, it seemed logical that the upcoming sequel would be the final installment in Marvel's Phase Three. And while the studio has refrained from formally announcing Phase Four, many fans (understandably) assumed that Spider-Man: Far From Home would kick off the next chapter in Marvel's sprawling franchise. Not so, according to Kevin Feige. According to Newsweek, the Marvel Studios head recently appeared at an event in Shanghai, where he confirmed that the Spider-Man sequel is the final film in Phase Three – not Endgame. Feige didn't offer much beyond "It's the end of the third phase," noting that this is the first time this bit of information has been publicly confirmed. There's been some speculation that Far From Home, which arrives in July, may be a prequel of sorts, taking place before the events of Infinity War. It could just as easily take place after whatever happens in Endgame, which isn't much of a spoiler, since there's no way in hell Marvel was about to (permanently) kill off its new Spidey so soon.
It's unclear exactly when Marvel will announce its Phase Four slate, but the studio has a handful of new films and sequels in development, including a long-awaited Black Widow solo movie starring Scarlett Johansson; The Eternals, which will be directed by The Rider's Chloe Zhao and may star Angelina Jolie; and sequels to Black Panther and Guardians of the Galaxy (which recently reinstated James Gunn as director). There's also the live-action Marvel TV shows heading to Disney+, which is set to launch sometime this fall with series starring Loki, Scarlet Witch and Vision, and Falcon and Bucky. As Feige recently revealed, these shows will very much be impacted by the events in the big screen MCU, and vice versa (unlike the Marvel Netflix shows). Avengers: Endgame arrives next weekend, so it shouldn't be much longer before we have a better idea of what the future of the MCU holds.