Sony Pictures recently signed a lucrative deal with Netflix for post-theatrical release Pay 1 window, but that doesn’t end there. Variety states that Disney and Sony have made a new streaming deal for their Marvel properties that will see their films jumping to Disney+ after their post-theatrical run at Netflix. The deal kick-ins in with 2022 releases likely starting with Jared Leto’s Morbius and subsequent Marvel releases from Sony up until 2026.
Disney will also get access to other Sony content.
The wide-ranging deal, which runs through Sony’s 2026 theatrical slate, also calls for Sony titles to run across Disney’s array of streaming and linear platforms, making it unprecedented in scope as it covers Disney Plus, Hulu, FX Networks, ABC, Disney Channels and Freeform. It also includes a significant number of library titles that will be spread among various outlets.
There are heap of Spider-Man spinoffs in the works at Sony with Tom Hardy’s Venom 3 (quietly announced with the Sony/Netflix deal), J.C. Chandor’s Kraven The Hunter, Olivia Wilde’s Spider-Woman, Madame Web, Jackpot, Nightwatch, and Sinister Six (if they end-up resurrecting it). The sequel to Spider-Man: Into The Spider-Verse is likely part of the deal and the other animated Marvel projects in the works at Sony Animation Studios.
In September, it was reported that Amazon and Sony were in negotiations to bring their Marvel television projects such as Silk to the streaming giant that is already home to The Boys and Invincible.
It seems like a win-win for Sony Pictures as the studio didn’t have a streaming service and now has two homes allowing them to make revenue post-theatrical without having to launch a new service during a crowded market, which has been an extremely costly venture for other studios.
SOURCE: VARIETY
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