Netflix and Sony sign four-year streaming contract

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In one other signal of Netflix’s rising dominance, Sony Footage Leisure has signed a five-year deal that may give the streaming big unique US rights to Sony movies as soon as they depart theaters and video-on-demand providers. premium.

The deal, which begins with studio 2022 releases, builds on the prevailing partnership between Netflix and Sony Footage Animation and replaces the deal that Sony, one of many few main studios with out its personal streaming service, has entered into. with Starz Leisure since 2005.

Which means upcoming movies like “Morbius,” which stars Jared Leto taking part in the Marvel vampire, and “Uncharted,” starring Tom Holland in an adaptation of a Ps sport, will probably be out there on Netflix after they full their movies. theatrical excursions and on demand. . As a part of the deal, Sony will make two to a few stay streaming motion pictures per yr for Netflix, increasing Sony’s roster and providing Netflix-exclusive motion pictures for its service.

“This not solely permits us to convey Sony’s spectacular record of beloved movie franchises and new mental property to Netflix in america, however it additionally creates a brand new supply of first-run motion pictures for Netflix moviegoers from throughout the nation. complete world, “Scott Stuber stated in an announcement Thursday.

Sony has burdened that the association won’t alter its theatrical technique. Earlier than the pandemic, the studio was releasing 15 to twenty movies a yr in theaters, a plan it intends to renew now that theaters are reopening. Motion pictures made for Netflix will probably be added to theatrical releases, he stated.

With the pandemic shutting down theaters for a lot of final yr, Sony Footage, like most studios, pushed a lot of its movies via to 2021. It additionally offered a handful to film providers. Streaming, together with “Greyhound” with Tom Hanks at Apple and the upcoming animated comedy “The Mitchells vs. The Machines,” from the makers of Sony’s Oscar-winning movie “Spiderman: Into the Spider-Verse,” at Netflix.

(An earlier model of this text incorrectly acknowledged that Sony had signed a four-year contract.)

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In one other signal of Netflix’s rising dominance, Sony Footage Leisure has signed a five-year deal that may give the streaming big unique US rights to Sony movies as soon as they depart theaters and video-on-demand providers. premium.

The deal, which begins with studio 2022 releases, builds on the prevailing partnership between Netflix and Sony Footage Animation and replaces the deal that Sony, one of many few main studios with out its personal streaming service, has entered into. with Starz Leisure since 2005.

Which means upcoming movies like “Morbius,” which stars Jared Leto taking part in the Marvel vampire, and “Uncharted,” starring Tom Holland in an adaptation of a Ps sport, will probably be out there on Netflix after they full their movies. theatrical excursions and on demand. . As a part of the deal, Sony will make two to a few stay streaming motion pictures per yr for Netflix, increasing Sony’s roster and providing Netflix-exclusive motion pictures for its service.

“This not solely permits us to convey Sony’s spectacular record of beloved movie franchises and new mental property to Netflix in america, however it additionally creates a brand new supply of first-run motion pictures for Netflix moviegoers from throughout the nation. complete world, “Scott Stuber stated in an announcement Thursday.

Sony has burdened that the association won’t alter its theatrical technique. Earlier than the pandemic, the studio was releasing 15 to twenty movies a yr in theaters, a plan it intends to renew now that theaters are reopening. Motion pictures made for Netflix will probably be added to theatrical releases, he stated.

With the pandemic shutting down theaters for a lot of final yr, Sony Footage, like most studios, pushed a lot of its movies via to 2021. It additionally offered a handful to film providers. Streaming, together with “Greyhound” with Tom Hanks at Apple and the upcoming animated comedy “The Mitchells vs. The Machines,” from the makers of Sony’s Oscar-winning movie “Spiderman: Into the Spider-Verse,” at Netflix.

(An earlier model of this text incorrectly acknowledged that Sony had signed a four-year contract.)

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