The “content licensing agreement” between Disney and Sony Pictures has been officially completed. According to the collaboration, the company acquired the rights to some Sony-made films to release on their platforms.
The deal also includes rights to several sony productions, including spider-man movies. Sony-produced films that will be released between 2022 and 2026 are also expected to appear on platforms such as Disney Plus and Hulu.
Disney Plus’s subscribers are expected to increase after this deal
The number of films included in Disney’s deal with Sony has not been disclosed. However, acquiring the rights to productions such as Spider-Man will allow the value of platforms such as Disney Plus and Hulu to increase.
The most important detail here is Sony’s recent agreement with Netflix, another streaming platform. Under this agreement, Sony-produced films will be released directly on Netflix after their release in theaters. Netflix allegedly paid Sony $1 billion over five years for the deal.
Therefore, the agreement between Disney and Sony will come into play after Netflix releases the films. Netflix will always be the priority. That’s why the company will include them in their libraries in the long run.
The company is particularly pleased with the development of the Disney Plus platform. Therefore, the company aims to further improve its service to its members and will continue to invest heavily in the Marvel Cinematic Universe. That means new Marvel series and movies coming to the platform.
At this time, it is not known which films are included in sony and Disney’s deal except Spider-Man. More details about the films will emerge in the coming days.