After weeks of rumours and speculation from GWW‘s initial report of the actor appearing on set, The Hollywood Reporter is reporting to confirm that Alfred Molina will be reprising the role of Otto Octavius aka Doctor Octopus for the upcoming third Spider-Man film from Sony Pictures and Marvel Studios.

Jon Watts, the director of Spider-Man: Homecoming and Spider-Man: Far From Home, is returning the the directors chair for the third installment, and it’s expected that Zendaya, Marisa Tomei, Jon Favreau, Jacob Batalon and Tony Revolori, to name a few, will be returning as well as production is currently scheduled to commence this autumn in Atlanta. Kevin Feige and Amy Pascal will be producing the film.

Alfred Molina portrayed the villain back in 2004 in Sam Raimi’s Spider-Man 2, starting off as a brilliant scientist who becomes manipulated by his own creation, robotic tentacle arms with artificial intelligence, after a public demonstration becomes a tragic accident.

It certainly feels like Sony and Marvel Studios are going to go all-in with a live-action Spider-Verse of their own as we now have two villains from the previous two generations (Maguire and Garfield’s Spider-Man universes) appearing in the upcoming third instalment of Holland’s universe and with that supposed teaser trailer that came out at the weekend of the alleged video from Sony Latin (or Sony Latin America) teasing that the trio of Spider-Men would appear on the big screen together…and on paper it looks like it would be against the Sinister Six.

Molina will be joining new additions that includes Jamie Foxx and Benedict Cumberbatch for Spider-Man 3.

The untitled Spider-Man 3 film is scheduled for cinematic release on the 17th December 2021.