Sony’s Spider-Man Films Will Be Netflix Limited Exclusives

Sony and Netflix have just agreed on a $1 billion deal which means that Sony’s movies, including their Spider-Man films, will come to the streaming platform before any other.

This news comes to us via Deadline.

The deal means that the upcoming Spider-Man films and the Spidey spinoff movies such as Morbius and Venom 2 will be made available on Netflix before any other streaming service.

This is a bit of a kick in the teeth for Disney and their Disney Plus streaming service.

I’m pretty sure they would have rather had the Spider-Man films come to their streaming service after its theatrical run.

However, this new licensing deal between Netflix and Sony will prevent that.

Netflix now has an 18-month exclusive window for Sony films.

The deal makes sense for Sony Pictures since they do not have a streaming service of their own.

Rather than having the hassle and the expense of starting up their own one, they’ve opted to be paid $1 billion to have their films go to Netflix after they’ve been released in cinemas.

The upcoming Spider-Man and Spidey spinoff movies will be Netflix timed exclusives

spider-man-3 official title revealed

Credit: Marvel Studios

Read more: EXCLUSIVE: Andrew Garfield Has Signed On To Cameo In A Future Spider-Man Movie

Here’s what Netflix film chief Scott Stuber said in the official announcement:

Sony Pictures is a great partner and we are thrilled to expand our relationship through this forward-thinking agreement. This not only allows us to bring their impressive slate of beloved film franchises and new IP to Netflix in the U.S., but it also establishes a new source of first-run films for Netflix movie lovers worldwide.

Sony distribution and networks chief Keith Le Goy added:

This exciting agreement demonstrates the importance of that content to our distribution partners as they grow their audiences and deliver the very best in entertainment.

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