Marvel Fans Rejoice: Spider-Man Is Heading to Disney+ After Licensing Deal With Sony
The Walt Disney Company (NYSE: DIS) and Sony Group Corporation (NYSE: SONY) have announced a licensing deal that will bring certain properties from Sony Pictures Entertainment to Disney's subscription video-streaming service Disney+. Among these film properties is the Spider-Man franchise -- a Marvel fan favorite.
Terms of the deal weren't disclosed. However, the deal is much bigger than just Spider-Man films streaming on Disney+. The deal includes many of Sony Pictures' past films and upcoming releases. Furthermore, it grants Disney the distribution rights across various outlets, including streaming platforms like Hulu as well as various cable-TV channels.
Image source: Getty Images.
Source Fool.com
