Sony has shown no sign of wanting to enter the streaming wars. While Warner Bros, Disney and Universal are all trying to make a name for themselves with their own streaming service, Sony Pictures is instead trying to join forces with an already established giant.
Sony will partner with Netflix on a “multi-year, exclusive first pay window license” in the United States. This deal allows Netflix to pay for the first window rights for Sony Pictures titles after their cinema and home entertainment windows. For reference, a typical “pay one window” is currently 18 months.
“At Sony Pictures, we produce some of the biggest blockbusters and the most creative original movies in the industry. This exciting agreement further demonstrates the importance of that content to our distribution partners as they expand their audiences and deliver the very best in entertainment, ”said Keith Le Goy, Sony’s president of worldwide distribution.
Netflix’s Scott Stuber adds, “This not only allows us to bring their impressive array of beloved movie franchises and new IP to Netflix in the US, but it also creates a new source of first-run movies for Netflix movie buffs about worldwide.”
This deal, starting in 2022, will see massive Sony movies like Morbius Not charted, even Spider-Man: Into The Spider-Verse 2 heading to Netflix after their theatrical runs. Netflix will also have the option to grant licensing rights to select titles from Sony’s library, including previous ones Spider Man films and Columbia’s almost age-old film line-up.