LOS ANGELES (Reuters) – The Walt Disney Company announced on Wednesday that it has reached an agreement with Sony to bring new “Spider-Man” films and other films to Disney’s broadcast services and TV channels in the United States after being shown online. Netflix.
Disney also secured the rights to present hundreds of old Sony films long ago, including “Jumanji” and “Hotel Transylvania”. The company said it will add a slew of Sony titles starting in June.
The financial terms of the agreement were not disclosed.
The agreement means that Disney will be able to offer new Sony films, including the new Marvel films “Spider-Man” and “Venom”, starting in 2023. First, they will be shown in theaters and shown on DVD or VOD services.
After that, they’ll go to Netflix for an exclusive 18-month period before hitting Disney + and other Disney platforms.
The agreement covers new Sony films that will open in theaters between 2022 and 2026. Among the works slated for release are the Marvel movie “Morbius,” based on the best-selling book “A Place Far Away From Here”, and the thriller “Bullet” Training With Brad Pitt, as well as a new part of the “Bad Boys” movie series.
Netflix reached an agreement with Sony earlier this month.
(Report by Lisa Richwin)