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Netflix gets Spider-Man and Jumanji franchises in multiyear Sony deal

Apr 9, 2021 Netflix Inc. has secured exclusive U.S. rights to new movies from Sony Pictures after they leave theaters, in a multiyear agreement giving the streaming giant upcoming films in the popular “Jumanji” and “Spider-Man” franchises. The entertainment division of Japan’s Sony Corp. has also given Netflix the first chance to buy movies that aren’t headed for theaters and take part in their production, another potential pipeline of original films. Financial terms of the deal announced Thursday weren’t disclosed, though Bloomberg News previously reported Sony was seeking as much as $250 million a year. The titles from Sony include some of the most-popular film franchises at the box office year in and year out. Netflix will also be the streaming home for “Morbius,” a spinoff of “Spider-Man,” as well as “Where the Crawdads Sing,” an adaptation of the bestselling novel.

Samsung Tops Global TV Market For 15th Straight Year In 2020 | ગયા વર્ષે કંપનીનો માર્કેટ શેર 31 9% રહ્યો, દુનિયાભરમાં 22 5 કરોડથી વધારે ટીવી વેચાયા

Samsung Tops Global TV Market For 15th Straight Year In 2020 | ગયા વર્ષે કંપનીનો માર્કેટ શેર 31 9% રહ્યો, દુનિયાભરમાં 22 5 કરોડથી વધારે ટીવી વેચાયા
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Sony struggles to build more PS5s

Sony is struggling to build enough PlayStation 5 consoles amid a global shortage of semiconductors Reuters February 04, 2021 TOKYO: Japan’s Sony Corp raised its full-year profit outlook by one-third, helped by pandemic-fuelled demand for games, movies, and other content, but said it was struggling to build enough PlayStation 5 consoles amid a global shortage of semiconductors.  The electronics and entertainment conglomerate said on Wednesday some customers may have to wait longer for their consoles as it competes for chips with other businesses ranging from smartphone makers to car companies. “It is difficult for us to increase the production of the PS5 amid the shortage of semiconductors and other components,” Chief Financial Officer Hiroki Totoki said at a press briefing.

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