Netflix signs deal with Universal to get more movies

Netflix signs deal with Universal to get more movies

Starting in 2027, Universal and Focus Features live-action movies will head to Netflix no later than eight months after their theatrical releases. According to The Verge, this deal includes renewing Netflix’s deal with Dreamworks and Illumination animation, which will see its animated features hit Netflix as well.

It seems like the movies will play in theatres and then head to NBC/Universal-owned streaming services like Peacock for a few months before finally landing on Netflix. Once the movies hit Netflix, they’ll stream there for 10 months before heading back to NBC-owned services again.

Previously, Amazon had this deal with Universal, but it seems that it will expire by 2027, and Netflix will take its place.

What remains to be seen is how this affects the Canadian streaming landscape. Since Netflix is making the deal, it seems likely that they’ll have leverage to bring the deal over to Canada, but since the NBC-owned Peacock service isn’t available here, it remains to be seen how this deal will affect Canadians.

MobileSyrup has reached out to NBC/Universal and will update this story when we receive a response.

Source: The Verge 

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