Netflix & Sony Pictures Close $7B-Plus Exclusive Global Pay-1 Deal In Industry First

Netflix and Sony Pictures Entertainment said Thursday that they have hammered out an industry-first $7 billion-plus worldwide Pay-1 licensing deal for the latter’s movies, which will stream on the OTT service around the globe following their full theatrical and home entertainment windows. That’s a significant jump in SPE’s theatrical output value since its 2021 Netflix […]