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Netflix and Sony sign major deal to compete with Disney+ and HBO Max

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Netflix will exclusively release Sony movies once they have passed through theaters and ensures cinematic content for the next few years.

It seems that in the platform sector there is a fiercer fight for movies than for series. The crisis suffered by movie theaters and the changing habits of viewers has led to greater expectations for movie releases and no one wants to be left behind in this regard, especially after the emergence of HBO Max.

If Disney+ has a whole giant behind it and HBO Max has as many production companies belonging to AT&T, the case of Netflix is different and the bet it is currently making with at least one premiere a week may not be enough, especially given the loss of advantage it is suffering in the United States for the competition. But thanks to the agreement with Sony Pictures, it will be able to catch its breath.

Netflix and Sony sign major deal to compete with Disney+ and HBO Max
Netflix and Sony sign major deal to compete with Disney+ and HBO Max

Before clarifying the details of the agreement, it should be noted that Sony Pictures lacks its own platform, so it may also have found a very interesting outlet for its content.

According to the agreement, Netflix will have exclusive rights to Sony’s new films for 18 months once they have been released in theaters. The major production company does not want to abandon the theaters, something that others are gradually doing, despite the inconvenience that these moves cause to the directors themselves.

But in case any film does not reach theaters, for whatever reason, Netflix would also have the rights, as well as a large part of the catalog that Sony Pictures has assembled and that has so many films known to all.

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