With this deal, Netflix will get access to new films about the superhero Spider-Man to which Sony has the rights. Older films from Sony’s database are also included.
Streaming services in demand
Financial details about the multi-year deal between Sony and Netflix are unknown. It is expected to be in the hundreds of millions of dollars annually.
Netflix has been tough since the pandemic outbreak. Due to the lockdowns, many consumers worldwide are turning to streaming services. Disney + is also very popular.
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‘Netflix gets access to new Spider-Man movies with deal Sony’ | Financial
Source link ‘Netflix gets access to new Spider-Man movies with deal Sony’ | Financial