Well, Raimi's first two films and Spider-verse are better than Homecoming and Far From Home. They don't need Disney to succeed with the character, but they could just as likely faceplant, too. Regardless, I'm sure this is disappointing for MCU fans.
Yup Sony, the company that butchered Spider-Man and Ghost Rider since 2007 and only made as much money off the current iteration of Spidey BECAUSE of the MCU connection is better off rebooting Spider-Man for the 4th (!) time after failing to do so TWICE on their own.
That'll end well.