For fans of Marvel's worlds and characters, there are plenty of major upcoming titles to look forward to.
"These decisions have been extremely difficult, but they are necessary, and I think it’s important to be transparent," says PlayStation Studios boss Herment Hulst.
Additionally, on top of free new suits, the game will also add new paid suits developed in collaboration with Gameheads, which will also become available for free at a later date.
Insomniac Games' three Spider-Man titles so far have collectively managed to sell 50 million units to date across all platforms.
The open world superhero title launched exclusively for PlayStation 5 on October 20 last year.
The new Title Update will feature other "highly requested" features, with a complete list to be revealed closer to its release.
Insomniac Games is "delighted to share more news as soon as we can." The feature is currently planned to launch in early 2024.
Leaks have shed light on a number of Symbiote villains who would have emerged in Marvel's Spider-Man 2, prior to being cut from the game.
The action-adventure title is also nominated for Game of the Year, alongside Baldur's Gate 3, Alan Wake 2, Cocoon, and The Legend of Zelda: Tears of the Kingdom.
UK physical sales for the acclaimed Nintendo Switch title are also not far from that of The Legend of Zelda: Tears of the Kingdom.
Marvel's Wolverine is in "early production" and will "no doubt greatly evolve through development, as do all our plans."
Leaked internal documents suggest Sony is planning more first-party job cuts, including 50-75 at Insomniac Games.
The sequel was apparently cancelled, with Insomniac Games instead choosing to focus on Marvel's Spider-Man, leaked documents suggest.
Insomniac's leaked documents also reveal that Microsoft has rights over "any associated DLC, ports and derivative games" from the two sequels.
Leaked internal documents suggest Insomniac will also release free Spider-Bots and suits over the coming year, before releasing a GotY Edition in late 2024.
The open world superhero title was officially confirmed to have sold 5 million units as of October 31.
Leaked documents have revealed that Insomniac Games has multiple X-Men games planned, with the upcoming Wolverine game set to be the series' first instalment.
No, not $567,000. The studio has made just over five hundred dollars off the game, which released for Xbox One in 2014.
The massive leak also includes details on a number of upcoming titles planned for the next several years.
Leaked Insomniac documents also reveal projected budgets of $305 million and $385 million for Marvel's Wolverine and Marvel's Spider-Man 3 respectively.