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Walt Disney Co. and Sony Pictures Entertainment have announced an expansive content licensing agreement that will bring hundreds of Sony movies, including “Jumanji” and “Spider-Man,” to multiple Disney platforms, including Disney+ and Hulu.
The deal, announced Wednesday, underscores the voracious appetite for content by companies that own streaming services.
Disney, which spent $71.3 billion to acquire the 20th Century Fox film and television studio two years ago for its stockpile of programming, has concluded that it will need even more movies and TV shows to be victorious in the streaming wars. It is turning to one of Hollywood’s leading suppliers to keep up with the demand for programming.
Disney, Sony announce pact for Sony movies, including Spider-Man yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.