Netflix Strengthens Its Film Catalog, Acquiring Rights to Stream New Sony Movies Starting in 2022

Netflix has further strengthened its film catalog on Thursday in a multiyear deal that will make it the new streaming home to Sony Pictures’ top releases in the U.S.

Photo: Courtesy of Sony Pictures | Twitter
Starting next year, Sony’s new films will exclusively stream domestically on Netflix after their theatrical runs. The deals include movies in popular franchises like “Spider-Man,” “Venom,” and “Jumanji,” and 2022 releases such as “Morbius,” “Where the Crawdads Sing,” “Uncharted,” and “Bullet Train.”

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The said agreement is also giving Netflix a first-look option on any films the Culver City, California – based studio chooses to send directly to streaming.

Sony Pictures is a great partner and we are thrilled to expand our relationship through this forward-thinking agreement.

–Scott Stuber, Netflix Global Film Head

Netflix Global Film Head, Scott Studer, said that this not only allows them to bring their impressive slate of beloved film franchises and new IP to Netflix in the U.S., but it also establishes a new source of first run films for Netflix movie lovers worldwide.

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In the competitive streaming environment, the well-funded Netflix has been aggressively growing its movie library. The streaming platform plans to release more than one film a week this 2021. It also made a recent acquisition of the rights to multiple “Knives Out” sequels in a deal that reportedly exceeds $450 million.

The deal by Netflix supersedes a long-running agreement between Sony and Starz. Though financial terms weren’t disclosed, however, earlier in the pandemic, Sony sold to Netflix Kevin Hart’s “Fatherhood,” “The Mitchells vs. The Machines” and “Wish Dragon.” It sent “Greyhound” to Apple TV+ and “American Pickle” to HBO Max.

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