Earlier this year, Sony Pictures signed an agreement with Netflix for exclusive broadcast rights for movie releases from 2022, in addition to the old titles needed and some new originals they will produce. Turns out it’s not a completely exclusive deal, as Disney now has one too. signed a contract with Sony Pictures for film releases from 2022 to 2026, with a number of older titles coming to the service as well.
The Netflix agreement guarantees exclusive rights for the period after the films are released in theaters and on Blu-ray / VOD, approximately nine months after their theatrical release. Disney’s deal begins after this period, during which the movies are typically shown on cable TV or other networks.
Along with rights to new films, older titles are also coming to Disney +, including Spider-Man. This content is also coming to Hulu, another Disney streaming service currently in service in the United States and Europe later in 2021. A significant number of new titles would already be added from June.
It is not known how much money is involved in the deal between Sony Pictures and Disney. “This agreement confirms an important part of our film distribution strategy, which is to maximize the value of each of our films by making them available to consumers in all windows with a wide variety of key partners,” said Keith Le Goy, CEO of Sony Pictures. A declaration.