Netflix, Sony Pictures Ink Exclusive Movie Streaming Deal

(Photo by Rafael Henrique/SOPA Images/LightRocket via Getty Images)

Netflix has secured exclusive rights to stream all new Sony Pictures Entertainment films, starting with US theatrical releases in 2022.

The deal, which builds on a pre-existing deal with Sony Pictures Animation, now includes all SPE film labels and genres. (Yes, that means future installations for the Spider-Man, Jumanji, and Bad Boys franchises.)

American Netflix users can expect major movies like Morbius, Unexplored, Where the Crawdads singand High-speed train next year, followed by the 2018 sequel Spider-Man: Into the Spider-Verse and “several other” films featuring Marvel characters.

“Sony Pictures is a great partner and we are thrilled to expand our relationship through this ground-breaking agreement,” Scott Stuber, head of global movies at Netflix, said in a statement. “It not only allows us to bring their impressive roster of beloved film franchises and new [intellectual property] to Netflix in the United States, but it also establishes a new source of first-run movies for Netflix moviegoers around the world.”

This week’s deal – a change from SPE’s longtime major pay-TV partner, Starz – is expected to last for five years, Variety reported. The films will be available for streaming in the United States once they have completed their theatrical run and become available for home viewing, such as online rentals.

“At Sony Pictures, we produce some of the biggest blockbusters and the most creative and original films in the industry,” according to the company’s president of global distribution and networks, Keith Le Goy. “This exciting deal further demonstrates the importance of this content to our distribution partners as they grow their audiences and deliver the best in entertainment.”

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