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Netflix, Sony Pictures announce global Pay-1 licensing agreement

Netflix (NFLX) and Sony Pictures Entertainment (SONY) announced a global Pay-1 licensing deal. In the exclusive multi-year agreement, SPE’s feature films will stream on Netflix worldwide following their full theatrical and home entertainment windows. The new global Pay-1 arrangement will roll out gradually starting later this year as individual territory rights become available, with full global availability on Netflix in early 2029. As part of this deal, Netflix will also license rights to select SPE feature film and television library titles. Netflix currently has Pay-1 rights to SPE’s feature films in select territories including the U.S., Germany, and across Southeast Asia. “Our members all over the world love movies and giving them exclusive access to Sony’s much loved films adds incredible value to their subscriptions,” said Lauren Smith, Vice President of Licensing and Programming Strategy at Netflix.

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