Netflix to Stream Sony’s Films Globally After Release in Cinemas
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Netflix has secured global streaming rights to Sony Group Corp.'s films following their theatrical release. This agreement marks a significant expansion for Netflix, as it adds content from one of Hollywood's major studios to its platform. The deal enhances Netflix's film library and provides subscribers with access to a wider array of cinematic offerings.
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The deal comes at a time when streaming services are vying for exclusive content to differentiate themselves in a crowded market. With many consumers opting for streaming over traditional cinema, partnerships like this one are becoming essential for studios looking to maximize their film's reach and revenue.
This article is based on information available as of October 2023 and may not reflect subsequent developments.
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