Netflix strikes deal for streaming rights to Sony films

ANASTASIA ZYG


Spider-Man (Tom Holland) meets with Mysterio (Jake Gyllenhaal) in Sony’s “Spider-Man: Far From Home.”

Sony

Starting next year, all movies released by Sony Pictures will stream exclusively on Netflix after their theatrical and home entertainment releases.

The deal, which was announced Thursday, includes films like “Morbius,” “Uncharted,” and “Bullet Train.”

Netflix will also be able to place films like “Spider-Man: Into the Spider-Verse,” as well as future Venom and other Spider-Man films on its platform. Franchises like Jumanji and Bad Boys are also included in the deal. Netflix will also have access to other titles from Sony’s movie library.

As part of this partnership, Sony will offer Netflix a first look at any films it plans on taking directly to streaming or decides to later license to streaming. Netflix has committed to make a number of these films over the course of the deal.

The length of the deal and its financials were not disclosed by the two companies.



Source link

Next Post

Box stock plunges after agreement to take $500 million from KKR

Aaron Levie David A. Grogan | CNBC Box shares dropped more than 10% on Thursday after the cloud software vendor said investment firm KKR will ingest up to $500 million into the company, making an acquisition less likely. The stock fell $2.52 to $21.75 as of early afternoon. Box shares […]
Box stock plunges after agreement to take $500 million from KKR

Subscribe US Now