Netflix is set to broaden its streaming offerings this month through new content distribution agreements with Paramount Skydance and Universal Pictures. This move follows a recently updated global streaming license with Sony Pictures for original theatrical releases.
As part of the new deals, Netflix subscribers will gain access to the latest live-action theatrical releases from Universal Pictures. This addition builds on Netflix’s existing partnership for animated films from Universal’s Illumination and DreamWorks Animation studios.
In a notable development, Netflix has also secured the rights to stream 20 television shows from Paramount. International audiences will be able to watch series such as “Matlock” and “King of Queens”, while both U.S. and international viewers will have access to titles including “Seal Team”, “Watson”, and “Mayor of Kingstown”.
These agreements come as Netflix and Paramount are both vying for select assets from Warner Bros. Discovery, including streaming services and studio properties. Netflix has made an $83 billion all-cash offer for these assets, while Paramount has countered with a $108.4 billion bid for the entire company, encompassing its television holdings.
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