Netflix, Sony Break Ground With $1B Film Licensing Deal

Netflix and Sony Pictures Entertainment have set a significant new licensing deal giving the streaming giant an exclusive window for the studio’s theatrical titles starting in 2022. The agreement, which replaces an output arrangement with Lionsgate-owned Starz dating back to 2005, provides Netflix with an 18-month exclusive window for Sony films. Multiple bidders had been angling for the rights for some time. Terms were not officially disclosed, but Netflix prevailed with an offer of $1 billion over four years, according to sources familiar with the deal.

Veritone NAB Show Highlights

Veritone is a provider of artificial intelligence technology and solutions. The company’s proprietary operating system, aiWARE, orchestrates an expanding ecosystem of machine learning models to transform audio, video, and other data sources into actionable intelligence. aiWARE can be deployed in a number of environments and configurations to meet customers’ needs. Its open architecture enables customers […]

Nuñez To Lead CBS Global Distribution Group

Armando Nuñez assumes an expanded role overseeing all CBS content licensing, domestic syndication and international distribution.

Endemol Shine Names Ferguson Licensing VP