Overview
- Netflix and Sony announced an exclusive global Pay-1 agreement that makes Netflix the first streaming home for Sony movies after theatrical and PVOD runs.
- The phased rollout begins as rights open in late 2026, with full worldwide availability expected by early 2029.
- Multiple outlets report the deal is valued at roughly $7 billion and could run through 2032, though the companies did not disclose terms.
- The pact covers major upcoming titles such as The Legend of Zelda, Spider-Man: Beyond the Spider-Verse, The Nightingale, and Sam Mendes’ Beatles films, includes Sony Pictures Classics, excludes Crunchyroll movies, and licenses select library TV and film content.
- The expansion builds on Netflix’s existing Sony Pay-1 rights in the U.S., Germany and parts of Southeast Asia, and arrives as Netflix pursues Warner Bros. Discovery and publicly pledges 45-day theatrical windows for Warner Bros. releases if that deal closes.