Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Netflix Acquires Streaming Rights to New Sony Movies Starting 2022

Fri 09 Apr 2021 | 10:05 AM
Yara Sameh

Netflix streaming company acquired Thursday the rights to stream new “Spider-Man” movies and other movies from Sony Pictures to US customers after their theatrical run.

The five-year arrangement will begin with the 2022 slate movies, which will include the Marvel movie “Morbius”, Brad Pitt thriller “Bullet Train”, and the best-selling book adaptation “Where the Crawdads Sing”.

[caption id="attachment_216586" align="aligncenter" width="750"]Tom Holland, Jacob Batalon and Zendaya in Tom Holland, Jacob Batalon, and Zendaya in "Spider-Man: No Way Home"[/caption]

Future releases will also include new installments of "Spider-Man", "Venom", "Jumanji", and "Bad Boys" franchises.

Under the new deal, the streaming company will also run some older films from Sony’s library that covers Columbia’s almost-century old slate, Tri-Star, Sony Pictures Classics, and Screen Gems as well as have the first chance to pick up any movies that Sony makes directly for streaming.

The financial terms of the deal were not revealed, however, the cost to Netflix depends on how many movies Sony releases and how it performs at the box office.