Sony and Disney have come to an agreement that will allow the House of Mouse to stream Sony films on their services after Pay One agreements.
Well this is interesting. Not too long after Sony inks a deal with Netflix to exclusively stream their new releases after their theatrical runs, they’ve now made another deal with Disney. This new deal let’s Disney stream/air on TV Sony’s releases Post the Pay One agreements. If you’re not familiar with the term, “Pay One Window” is the period of time after theatrical runs where streamers have the rights to play them. Back in the day this is the window of time films would be on HBO/Starz.
So this means that once the license window expires for Netflix, Disney will be able to stream Sony’s releases. For many, the important takeaway here is that means we’ll actually be able to see the Spider-Man films on Disney+ right alongside the other Marvel films. And that’s not to mention Sony’s backlog of animated films. Here’s the full announcement:
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 & Entertainment Distribution’s vast portfolio of platforms including its streaming services Disney+ and Hulu, as well as linear entertainment networks including ABC, Disney Channels, Freeform, FX and National Geographic. The deal covers theatrical releases from 2022-2026 and begins for each film following its Pay 1 TV window. The agreement builds upon the companies’ prior arrangement which saw SPE movies licensed to FX in the post-Pay 1 TV window.
The deal also grants rights to a significant number of SPE’s iconic library titles, ranging from the “Jumanji” and “Hotel Transylvania” franchises to Sony Pictures’ Universe of Marvel Characters films, including Spider-Man. This gives Disney enormous programming potential across its platforms and makes them key destinations for a robust collection of Spider-Man films. Notably, the agreement provides Hulu access to a significant number of library titles beginning as early as this June.
“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,” said Chuck Saftler, head of Business 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 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.”
“This groundbreaking agreement reconfirms the unique and enduring value of our movies to film lovers and the platforms and networks that serve them,” said Keith Le Goy, president, Worldwide Distribution and Networks, Sony Pictures Entertainment. “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.”