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Sony Pictures Makes a Streaming Pact with Netflix
Netflix has emerged the winner of a nearly two-year auction for the exclusive U.S. rights to stream Sony Pictures’ theatrical releases in the first pay TV window starting with the studio’s 2022 slate.
Netflix has also set a first-look agreement with Sony for all of the studio’s original movies produced for the direct-to-streaming market. That deal also requires Netflix to commit to a certain number of titles from the studio, but it doesn’t stop Sony from selling direct-to-streaming titles to Netflix’s rivals. And Netflix will license an unspecified number of older titles from Sony’s movie vault.
So, if I have the big studios all figured out, the way of the land is/will be…
- Fox / Searchlight: Hulu
- Disney: Disney+
- Paramount: Amazon Prime for now, Paramount+ soon
- Sony Pictures: Netflix
- Universal: HBO for now, possibly Peacock soon
- Warner Bros.: HBO Max
So, where will Lionsgate and MGM take their movies?
Thursday April 8, 2021