Netflix’s deal with Universal will add more live-action films

3 weeks ago 16

Netflix volition bring adjacent much Universal films to its lineup acknowledgment to a caller woody that volition nonstop the studio’s live-action movies to the streamer starting successful 2027. Under the agreement, Universal and Focus Features’ live-action titles volition look connected Netflix nary aboriginal than 8 months aft their merchandise successful theaters. The caller statement besides includes renewing their exclusive licensing agreement for animated films from the Universal-owned Illumination and DreamWorks Animation (DWA).

Netflix volition get to watercourse Universal’s live-action films exclusively for 10 months pursuing its debut connected Peacock — but the movies volition instrumentality to the NBC-owned work astatine the extremity of this window. This volition yet regenerate Amazon’s existing woody with the studio that started successful 2022, arsenic Netflix and NBCUniversal gully person contempt streaming akin kinds of contented like unrecorded NFL games and the WWE’s impending displacement from NBCUniversal to Netflix adjacent year.

Peacock raised the price of its work successful July and reported losing 500,000 subscribers successful the months prior.

Netflix and Universal’s existing statement had brought films similar The Super Mario Bros. Movie, Sing 2, The Secret Life of Pets, and Kung Fu Panda 4 to Netflix. Now that the statement has been renewed, we’ll spot adjacent much upcoming animated films, specified arsenic The Super Mario Bros. Movie 2, Shrek 5, and Minions 3, get connected the streaming work successful the future. Netflix has besides secured the rights to “select” titles from Universal’s movie library.

As portion of its net report earlier this month, Netflix emphasized the value of offering a “breadth of content” to viewers. It said the company’s extremity is to guarantee it has “a dependable drumbeat of great, caller TV shows, movies and games passim the year.”

Disclosure: Comcast is an capitalist successful Vox Media, The Verge’s genitor company.

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