NETFLIX AND SONY PICTURES SIGN LANDMARK 7 BILLION DOLLAR GLOBAL PAY 1 DEAL

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Netflix and Sony Pictures Entertainment have reached a historic agreement that reshapes the global film licensing landscape. The two companies announced a worldwide Pay 1 licensing deal valued at more than 7 billion dollars, marking the first time a major Hollywood studio has secured a single exclusive Pay 1 partner across nearly all international territories. Under this agreement, Sony’s theatrical films will stream on Netflix globally after completing their full theatrical and home entertainment windows.








