Arad spoke to Entertainment Weekly, stating that The Amazing Spider-Man will tell the stories that happened around the events of the earlier films.
"It's not a comeback. You have to look at it this way: Do you want to know more about Spider-Man? This movie is going to tell stories that you didn't see in movies 1, 2, and 3."
Arad went on to say that The Amazing Spider-Man "won't erase what came before, but will try to weave a narrative that could take place within the framework of the earlier films."
The Amazing Spider-Man is scheduled to open in cinemas on July 3, 2012. It stars Andrew Garfield as Spider-Man and Emma Stone as Gwen Stacy.