News business Spider-Man MCU: Disney + loses the Netflix battle
Since giant Walt Disney entered the video-on-demand service race, competition for Netflix and its 200 million subscribers has been fierce. In just a few months, the catalog of the brand with the big ears, which wanted to bring together around 60 million users by 2024, already had more than 95 million subscribers. To prevent the animation master from overshadowing him too much, Netflix is entering into many partnerships and is currently signing an agreement with Sony.
The big news was shared just minutes ago by CNN reporter Frank Pallotta! Netflix and Sony are currently entering into a partnership so that Sony Pictures Entertainment’s best-selling films will be broadcast exclusively on the Californian platform. Indeed, this new agreement will be based on the pre-existing agreement that only covered the animation part of Sony Pictures.
This new collaboration between the two giants of the film industry will begin in the US in 2022 and will allow Netflix to broadcast the maker’s biggest blockbusters as soon as they stop exploiting them in theaters.
Unfortunately, the deal between the two giants currently only affects the United States. In fact, the rights to broadcast movies on streaming platforms in our regions are different from those in North America. In France, the law stipulates that streaming platforms must wait 36 months after a film is released in theaters in order to be able to distribute it legally.
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By Jerome Joffard, Writing from igamesnews.com