Sony Pictures announced today that they’re reaching a multi-year deal that allows Spider-Man, as well as other properties to stream on Disney+.
READ: ‘Game Of Thrones’ Star Emilia Clarke Joins Marvel’s ‘Secret Invasion’
Hulu, as well as ABC, FX, and Freeform are under this deal as well and are expected to receive multiple properties from the Sony library.
Many fans have wondered why MCU’s Spider-Man is not on Disney+; however, it comes down to a lot of legal reasons. The property has not been a full part of the Disney-controlled Marvel Universe but with this deal, things may change.
According to DEADLINE, theatrical releases from 2022-2026 will be acquired by Disney after their run on Netflix as well as co-production rights to direct-to-streaming films.
It is said, along with Spider-Man, Jumanji and other properties are packaged in the deal.
The deal “gives Disney enormous programming potential across its platforms and makes them key destinations for a robust collection of Spider-Man films.“
Chuck Saftler, who is the head of business of ABC, Freeform, FX Networks, and Acquisitions in DMED’s Networks division, said “This landmark multi-year, platform agnostic agreement guarantees the team at Disney Media and Entertainment Distribution a tremendous amount of flexibility and breadth of programming possibilities to leverage Sony’s rich slate of award-winning action and family films across our direct-to-consumer services and linear channels. This is a win for fans, who will benefit from the ability to access the very best content from two of Hollywood’s most prolific studios across a multitude of viewing platforms and experiences.”
Finally, Keith Le Goy, who is the president of worldwide distribution and networks for Sony Pictures Entertainment, said that it is a “groundbreaking agreement.” He continues to say “It cements a key piece of our film distribution strategy, which is to maximize the value of each of our films, by making them available to consumers across all windows with a wide range of key partners.”
No financial figures were disclosed.
Source: DEADLINE
