According to THR, Sony plans to move forward with that standalone Venom movie that was in development before the studio made their deal with Marvel to share the rights to Spider-Man.
Back then in was envisioned as a spin-off that would be set in the same continuity as the now defunct Amazing Spider-Man franchise, but word is it will now stand "apart from and unrelated to" the reboot that's in the works with Tom Holland reprising his Captain America: Civil War Peter Parker role.
Edge of Tomorrow screenwriter Dante Harper is on board to pen the script, with Avi Arad and Matt Tolmach producing and overseeing the project.