Activision, Inc. (Nasdaq: ATVI) announced today that the company will develop and publish interactive entertainment games based on Columbia Pictures/Marvel Enterprises, Inc.'s upcoming feature film "Spider-Man 3," which is set for release in May 2007. Activision is currently developing console and PC games based on the highly anticipated movie "Spider-Man 2" that are scheduled for release in North America timed to the film's launch on June 30.

According to Sony Pictures Entertainment's recent "Spider-Man 3" announcement, Tobey McGuire and Kirsten Dunst will reprise their roles as Spider-Man and Mary Jane with Sam Raimi set to direct.