Netflix and Sony Strike $7B Global Pay-1 Deal

Netflix and Sony Pictures have made a big deal worth over $7 billion.

This deal means that Sony's movies will be available to watch on Netflix all around the world after they come out in theaters and on home entertainment platforms.

This is a much bigger deal than their previous agreement, which was worth $2.5 billion.

Some of the movies that will be on Netflix include Spider-Man: Beyond the Spider-Verse and The Legend of Zelda.

The deal starts later this year and will be fully available worldwide by early 2029.

Netflix is also making similar deals with other movie studios, like Universal.

This deal shows that Netflix is still working with other companies to provide a variety of movies to its subscribers.