The announcement was made at CinemaCon, in Las Vegas, by Sony Pictures chairman Tom Rothman. He said, "The film will exist independently of the projects in the live-action Spider-Man universe, all of which are continuing."
Next up for the Spider-Man character is an appearance in Marvel's Captain America: Civil War, which will be relapsed on May 6, 2016, followed by a feature live action film to be released on July 28, 2017.