Disney and Sony create an unprecedented combination for post-pay movies 1

The Walt Disney Company (DIS) and Sony Pictures Entertainment (SPE) today announced a multi-year content licensing agreement for U.S. streaming and TV rights to Sony Pictures' new theatrical releases across Disney Media's extensive platform portfolio. Entertainment Distribution, including streaming Disney + and Hulu services, as well as linear entertainment networks including ABC, Disney Channels, Freeform, FX and National Geographic.

The deal covers theatrical releases from 2022 to 2026 and begins for each film after its Pay 1 TV window. The deal builds on the companies' previous agreement that saw the SPE movies licensed to FX in the post-Pay 1 TV window.

The deal also grants the rights to a significant number of SPE's iconic library titles, ranging from Jumanji e Hotel Transylvania Sony Pictures Marvel Character Universe film franchise, including Spider-Man. This gives Disney huge programming potential across all of its platforms and makes them key destinations for a solid collection of Spider-Man movies. Notably, the deal provides Hulu with access to a significant number of library titles starting in June.

"This major multi-year platform independent agreement gives the Disney Media and Entertainment Distribution team a tremendous amount of flexibility and breadth of programming possibilities to leverage Sony's rich roster of award-winning action and family films through our direct services. to the consumer. and linear channels, "said Chuck Saftler, head of commercial operations for ABC, Freeform, FX Networks and Acquisitions in DMED's Networks division, who played a key role in the negotiations. "This is a win for the fans, who will benefit from being able to access the best content from two of Hollywood's most prolific studios across a multitude of platforms and viewing experiences."

"This groundbreaking agreement reaffirms the unique and enduring value of our films to film lovers and the platforms and networks that serve them," said Keith Le Goy, president of Worldwide Distribution and Networks, Sony Pictures Entertainment. “We are thrilled to partner with Disney to deliver our titles to their viewers and subscribers. This agreement consolidates a key element 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. "

Financial terms of the deal were not disclosed.

Sony's release list for 2022, when the deal goes into effect, includes Marvel morbius, an adaptation of the hit game for PlayStation Unexplored and without title Spider-Man: Into the Spider-Verse Continuation.