Pay-1 Licensing

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Sony and Netflix expand pay-1 streaming deal globally

Sony Pictures Entertainment and Netflix have signed a new multi-year pay-1 licensing agreement, granting the streamer global rights to Sony's feature films after their theatrical and home entertainment windows. The deal, which builds on their 2021 U.S.-focused partnership, will roll out gradually starting later in 2026 and achieve full worldwide availability by early 2029. Financial terms remain undisclosed, but it surpasses the previous $2.5 billion arrangement in value.

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