Disney and Sony Reach Massive Streaming Service Deal

Disney and Sony are holding hands once more. In a new movie licensing pact, the Spider-Man movies, as well as Venom, Morbius, and others will be brought to Disney+.

The current agreement with Sony is that their titles hit Netflix nine months after the movie starts its theatrical release. Disney’s deal then covers subsequent TV windows that were previously reserved for “ad-supported cable and broadcast airings of movies”.

Chuck Saftler, the head of business operations for ABC, Freeform, FX Networks, and Acquisitions for Disney’s Media and Entertainment Distribution; stated:

“This landmark multi-year, platform-agnostic agreement guarantees the team at Disney Media and Entertainment Distribution a tremendous amount of flexibility and breadth of programming possibilities to leverage Sony’s rich slate of award-winning action and family films across our direct-to-consumer services and linear channels. This is a win for fans, who will benefit from the ability to access the very best content from two of Hollywood’s most prolific studios across a multitude of viewing platforms and experiences.”

Keith Le Goy, the president of worldwide distribution and networks for Sony Pictures Entertainment; also expressed:

“This groundbreaking agreement reconfirms the unique and enduring value of our movies to film lovers and the platforms and networks that serve them. We are thrilled to team up with Disney on delivering our titles to their viewers and subscribers. This agreement cements a key piece of our film distribution strategy, which is to maximize the value of each of our films, by making them available to consumers across all windows with a wide range of key partners.”

What do you think about this deal?

Source: Variety

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