Sony and Netflix to Continue as Streaming Partners
Over the past few years, Netflix has landed Sony movies after they finish their theater runs, offering exclusive titles like Fixed and KPop Demon Hunters. Sony appears to be cozying up to the streaming giant for the rest of the decade and beyond. The recent multi-year deal between the companies ensures that Netflix will continue to stream Sony movies once they’re done with theaters and video on demand. So, when it’s time for blockbusters like Spider-Man: Brand New Day, Beyond the Spider-Verse, or The Legend of Zelda to hit streaming platforms, you’ll find them on Netflix.
Netflix also holds licensing rights to select Sony Pictures Entertainment (SPE) feature films and television library titles, which could lead to another situation like KPop where streaming rights are exclusive. According to Variety, despite the deal not fully taking effect until 2029, Netflix and Sony made the move ahead of territorial rights opening up in 2026. This deal might come at a hefty cost; sources shared with Variety that it’s valued at over $7 billion, more than double the 2021 domestic rights deal at $2.5 billion. Executives from Sony and Netflix have praised the partnership, with Sony’s executive VP, Paul Littmann, drawing attention to the popularity of films like Uncharted and Spider-Man: Across the Spider-Verse on the streaming service.
With the ongoing deal with Sony and the potential acquisition of Warner Bros., Netflix is currently on a winning streak. It has secured licensing from major studios, expanding its catalog, but some wonder if Netflix can create greatness of its own. For more entertainment news, stay tuned for the latest updates on Marvel, Star Wars, Star Trek, DC Universe, and Doctor Who.
