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Netflix and Sony Strike $7 Billion Film Licensing Deal

1/15/2026

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Summary

Story summary

Netflix and Sony Pictures Entertainment announced a global Pay-1 licensing deal valued at over $7 billion.
The multi-year agreement lets Sony films stream on Netflix worldwide after theatrical and home releases.
The deal builds on the 2021 $2.5 billion agreement and will roll out from 2026, delivering full availability by early 2029.
Notable titles include Spider-Man: Beyond the Spider-Verse, The Legend of Zelda, and The Nightingale.

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Story summary

Netflix and Sony Pictures Entertainment announced a global Pay-1 licensing deal valued at over $7 billion.
The multi-year agreement lets Sony films stream on Netflix worldwide after theatrical and home releases.
The deal builds on the 2021 $2.5 billion agreement and will roll out from 2026, delivering full availability by early 2029.
Notable titles include Spider-Man: Beyond the Spider-Verse, The Legend of Zelda, and The Nightingale.