Netflix has spent a whopping $70 billion to renew its contract with Sony, securing the global streaming rights to the live-action Zelda movie.
Netflix and Sony Pictures Entertainment announced in a joint statement a new expanded partnership agreement. This deal, reportedly worth over $70 billion, not only continues their exclusive partnership in the United States but also expands Netflix's "pay-1 window" premiere rights globally. This means that the highly anticipated live-action *The Legend of Zelda* film will premiere exclusively on Netflix worldwide after its theatrical run. From US Exclusivity to Global Coverage: Under the new agreement, Netflix will exclusively acquire the first-run streaming rights to Sony Pictures films after their theatrical release and VOD sales. Unlike previous agreements limited to the US, this new partnership expands globally. In addition to the highly anticipated live-action *The Legend of Zelda*, the four upcoming *Beatles* biopics directed by Sam Mendes are also included in the agreement. In addition, Netflix will also gain access to Sony's vast library of existing films and television series, enriching its content database. A $70 billion "Arsenal of Power": According to Variety, this multi-year contract is worth over $70 billion. While the official statement indicates the new agreement will gradually take effect this year, with full implementation expected by 2029, this investment is clearly aimed at solidifying Netflix's advantage in the content asset war. In fact, the collaboration between the two companies has already yielded fruitful results. Sony films such as *Spider-Man: A New Universe*, *Uncharted*, and the romantic comedy *Anyone But You* have all received excellent "second life" after being released on Netflix. Even Sony's animated film *K-Pop: Demon Hunters* achieved theatrical success thanks to Netflix's efforts. Behind the Scenes: Acquiring Warner Bros.? Besides strengthening its alliance with Sony, Netflix also plans to acquire Warner Bros. for a staggering $827 billion...









