Netflix Snags US Streaming Rights For Sony Pictures

By Phil Hall2 days ago

AD

Sony Entertainment’s (NYSE: SNE) subsidiary Sony Pictures is partnering in a multi-year agreement with Netflix (NASDAQ: NFLX) that greatly expands the streaming service’s offerings.

What Happened: Under the terms of the partnership, Netflix will have exclusive U.S. rights to Sony’s theatrical releases during the Pay One period between a cinema release and a DVD/Blu-ray premiere. Netflix also has a first-look deal for Sony-produced film designed for streaming release only, as well as a first-look right to license titles from Sony’s library.

The financial details of the partnership were not ...

Continue read on benzinga.com