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Hollywood, Calif., January 16, 2026 - The battle for streaming supremacy just took a monumental turn. Netflix and Sony Pictures Entertainment (SPE) today announced a landmark global Pay-1 licensing deal, a move that will see SPE’s feature films stream exclusively on Netflix worldwide. This is an industry-first for a global Pay-1 agreement, setting a new precedent for how major studio films find their post-theatrical home. But for viewers, does "global exclusive" mean ultimate convenience, or simply another step towards content silos? Under this extensive multi-year agreement, all Sony Pictures’ feature films will land on Netflix globally following their full theatrical and home entertainment windows. While the rollout will be gradual, starting later this year as individual territory...