Key Highlights
- Netflix and Sony didn’t provide financial terms on the deal.
- The new global pact isn’t a shocker: Sony movies such as Anyone But You and It Ends With Us have continually been among Netflix’s top 10 most-watched in any given moment; not to mention the streamer had Sony Animation’s KPop Demon Hunters as a first-run title on the service; their most watched movie at half billion views and also their first No.
- 1 box office hit ($19M) in theaters.
- Similar to the previous Sony-Netflix pay-1 deal, the streamer will continue to license rights to select SPE feature film and television library titles.
- Related Stories Legal Judge Declines To Fast Track Paramount Suit Amid Warner Merger Fight; David Ellison Company Will Extend Tender Offer News 'How To Get To Heaven From Belfast': Three Friends Embark On A Dark & Hilarious Odyssey Around Ireland In Netflix Trailer For Lisa McGee's Latest Series Word was that Sony was pursuing an offshore pay-1 deal with Amazon, but Netflix stepped up here in a major way; this deal a continuation of the domestic and partial offshore pay-1 deal that the streamer had with Sony, first hatched in 2022 at a value of $2.5 billion over five years.
