Sony, Netflix Renew Deal for Streaming Movies
Variety • • entertainment
Key Points:
- Netflix and Sony Pictures Entertainment have signed a multiyear deal granting Netflix exclusive global streaming rights to Sony's films after their theatrical and home entertainment runs, starting gradually in 2026 and fully in 2029.
- The deal includes licensing rights to select Sony Pictures feature films and television library titles, with an estimated value exceeding $7 billion, making it the largest-ever Pay-1 agreement.
- Netflix currently holds Pay-1 rights to Sony films in the US, Germany, and Southeast Asia, and this new deal will expand access to Sony's content worldwide, enhancing Netflix's movie offerings.
- Sony executives highlighted the partnership's value, citing recent successful Netflix releases like "Spider-Man: Across the Spider-Verse" and upcoming projects including sequ
