Netflix and Sony Pictures Entertainment (SPE) have signed a new Pay-1 agreement that gives Netflix the exclusive rights to stream Sony Pictures Entertainment films after they have finished their theatrical run.
The deal is reportedly for several years and will allow Netflix to stream all of SPE’s films globally. The deal will take effect gradually starting later this year, with full global availability on Netflix in early 2029. As part of the deal, Netflix will also be given the right to select and license SPE’s film and television titles.
The latest deal appears to be an update to the existing Pay-1 agreement between the two companies for the US, Germany and Southeast Asia markets. As mentioned, the new agreement will cover the entire world, allowing Netflix to stream SPE’s films and television series no matter where they are.
Among the films that will be screened on Netflix after the signing of this agreement are The Nightingale, Buds, The Legend of Zelda and Spider-Man: Beyond the Spider-Verse.
