Disney and Sony have struck a new deal that will ensure Marvel entities such as Spider-Man will find their streaming homes with Disney+.
On Wednesday (April 21), Disney and Sony Pictures announced that they have agreed to a multi-year content licensing agreement for U.S. streaming and TV rights to Sony Pictures’ new theatrical releases.
Under the new agreement, all of Sony’s theatrical releases from 2022 through 2026 will stream and air across Disney’s wide variety of platforms including Disney+, Hulu, ABC, Disney Channels, Freeform, FX, and National Geographic.
In addition to new titles releasing from 2022 onward, the new licensing agreement also factors in some of Sony Pictures’ others library titles such as the Jumanji and Hotel Transylvania franchises. Additionally, the deal also includes Sony’s slew of Marvel properties– including Spider-Man.
The Sony titles will be dispersed across Disney’s streaming and linear platforms after each film’s Pay 1 TV window, meaning it might be a while before Marvel fans can look forward to Spider-Man titles swinging on over to Disney+.
Currently, Sony Pictures also has a similar deal in place with Netflix. As part of the studios’ deal with the online streaming giant, all Sony titles releases beginning in 2022 will stream via Netflix first during each of the films’ Pay 1 TV window.
In a statement announcing today’s deal. Keith Le Goy, president, Worldwide Distribution and Networks, Sony Pictures Entertainment said: “We are thrilled to team up with Disney on delivering our titles to their viewers and subscribers. This agreement cements a key piece of our film distribution strategy, which is to maximize the value of each of our films, by making them available to consumers across all windows with a wide range of key partners.”
Added Chuck Saftler, head of Business Operations for ABC, Freeform, FX Networks, and Acquisitions in DMED’s Networks division: “This is a win for fans, who will benefit from the ability to access the very best content from two of Hollywood’s most prolific studios across a multitude of viewing platforms and experiences.”