Sony and Netflix join forces. This $7 billion deal. will make a big mess

Seven billion dollars the contract signed between Sony Pictures and Netflix is ​​worth it. Under the agreement, film brands such as: will permanently appear on the popular streaming platform Spider-Man, Ghostbusters, Jumanji, Venom, Hotel Transylvania, Bad Boys, The Karate Kid, Smurfs and Men in Black. The US streaming giant will not only be able to post new Sony movies after their cinema premieresbut will also receive the rights to previous productionsincluding series and animations. Netflix will be there from now on first platformwhere we will see these items before they hit VOD anywhere else.

Many of these titles were already available on American Netflix, but they will have access to them under the new contract users around the world. What’s more, the waiting period will be shortened for new Sony productions – previously it was up to 120 days, now it will be much shorter and more globally standardized.

They will be among the first new productions from Sony to hit Netflix The Legend of Zelda, Spider-Man: Beyond the Spider-VerseSam Mendes’ new film about The Beatles and many others.

The process of implementing this contract will take several years, as the rights to broadcast specific titles expire on different dates around the world. Most Sony titles will be available globally from 2029and the whole process will end in 2032