- Netflix has secured the exclusive rights to stream Sony films following their theatrical releases, per a reported $1 billion deal between the streaming giant and movie studio.
- While the full details of the deal have not yet been officially published, it will begin with Sony’s 2022 slate of films and reportedly last for the following five years.
- The agreement means Netflix will eventually be granted streaming rights to popular Marvel characters such as Morbius, as well as Venom and Spider-Man once future installments are released.
Netflix Reach Massive Deal With Sony
Netflix has struck a multi-year licensing deal with Sony Pictures Entertainment that will grant it exclusive streaming rights to the studio’s theatrical titles.
The terms of the agreement have yet to be officially disclosed, but according to multiple media outlets, Netflix will pay Sony over $1 billion over the course of the next four years. The deal itself is set to begin with Sony’s 2022 slate and will reportedly last five years, with Netflix holding streaming rights to individual films for 18 months.
Given the nature of the COVID-19 pandemic, it’s unclear whether some films will continue to have their release dates pushed back. It’s also unclear how long their theatrical windows will last; however, once released, Netflix will acquire streaming rights to films such as “Uncharted,” “Where the Crawdads Sing,” and “Bullet Train.”
Netflix Will Have Marvel Movies Once More
The deal will also grant Netflix access to a number of Marvel characters still owned by Sony. That includes the film “Morbius,” which is currently set to be released in January of next year.
It will also include future installments of the “Venom” and “Spider-Man” franchises, the latter of which is notable as it’s part of the Dinsey-owned Marvel Cinematic Universe. Outside of 2008’s “The Incredible Hulk,” Tom Holland’s “Spider-Man” films are the only other films set in the MCU that are not on Disney+.
Prior to Disney+’s launch, Netflix held streaming rights to several MCU films, including “Black Panther,” “Thor: Ragnarok,” and “Avengers: Infinity War.” The shift of those massive blockbusters to another platform was a striking loss for Netflix, and the streaming service is no doubt itching to once again beef up its selection of superhero content.
It’s unclear whether or not the Sony deal will immediately allow Netflix to stream the upcoming films “Spider-Man: No Way Home” and “Venom: Let There Be Carnage” once they leave theaters. That’s because both are currently expected to be released later this year.
That said, if sequels for these films are announced and can be expected to find their way to Netflix, the streaming giant will be able to acquire the rights to the films’ full library of installments, according to Deadline. Such a deal also exists for Jumanji’s library of movies.
Sony’s Direct-to-Streaming Titles
Netflix will retain first-look rights to any of Sony’s potential direct-to-streaming titles, though that doesn’t necessarily mean it will acquire those films. Under that part of the deal, Sony still has the right to sell to other streaming platforms.
While Sony has said it’s considering “a number” of direct-to-streaming releases, as Deadline projected, “in reality [that’s] likely just a couple a year and a minority of the studio’s overall slate.”
According to the Wall Street Journal, however, “Netflix has committed to ordering an undisclosed number of those films.”
See what others are saying: (Deadline) (Wall Street Journal) (IGN)
The Try Guys Address Removal of Ned Fulmer: “We Had No Idea This Was Going On”
The group said that by severing ties with Fulmer, it felt like they were losing a friend.
“That Is Not What We Stand For”
Digital comedy and sketch group The Try Guys posted a video on Monday night explaining the recent removal of member Ned Fulmer.
Last week, the Internet was filled with speculation that Fulmer, who is married with children, was having an affair with a staffer for The Try Guys. Fulmer confirmed the reports, claiming he had a “consensual workplace relationship.” The Try Guys quickly announced that Fulmer would no longer be working with the group as the result of an internal review.
In Monday’s video, the remaining three members, Eugene Lee Yang, Zach Kornfeld, and Keith Habersberger, explained what led to their decision to remove Fulmer. While the trio noted there were legal issues that prevented them from sharing certain details, they wanted to be as transparent as possible.
“On Labor Day weekend, multiple fans alerted us that they had seen Ned and an employee engaging in public romantic behavior,” Habersberger explained. “We reached out to check on that employee and Ned confirmed the reports, and since confirmed that this had been going on for some time, which was obviously very shocking to us.”
He emphasized that the rest of the group “had no idea this was going on.”
After this, The Try Guys reached out to a variety of lawyers and HR professionals to make sure they handled the situation correctly.
“This is something we took very seriously,” Yang said. “We refused to sweep things under the rug. That is not who we are, and that is not what we stand for.”
Removing Fulmer From Content
They decided to immediately remove Fulmer from work activities and hired an HR rep to conduct a review. Fulmer was also withdrawn from releases pending the results of that review.
As part of this, his video section was erased, he was digitally taken out of some content, and he was not included in merch drops. The Try Guys said this was a long and tedious process.
“Honestly, I want to give major props to our editing staff for how deftly they handled that,” Kornfeld said. “There are several videos that we have deemed as fully unreleasable, you will never see them, and that is due to his involvement. And that is a decision that has cost us lots of money.”
“We will not be able to recoup that money,” he continued. “But it’s a decision we stand by proudly.”
The group declined to share details of the review but claimed it found that Fulmer engaged in “conduct unbecoming” of the team. Because of this, Yang, Kornfeld, and Habersberger gave written consent on Sept. 16 to ax Fulmer as a manager and employee of The Try Guys company.
The three said they were always planning to make a public statement about their decision, but were initially waiting out of respect to the families and employees involved. As online speculation arose, they chose to deal with it sooner.
“We’re losing a friend, we’re losing someone we built a company with, we have countless memories with, we just made a TV show together,” Kornfeld said. “I’m sure many of you feel the same way.”
According to the group, some upcoming videos featuring Fulmer will be edited to remove him. They said they are currently taking time to reimagine their channel.
Bruce Willis Denies Rumors He Sold His Likeness For Deepfake Use
Deepfakes face criticism from Hollywood to social media.
Willis Debunks Rumors
Actor Bruce Willis denied rumors over the weekend that he sold his likeness to the deepfake company DeepCake.
Willis agreed last year for his face to be used in a commercial for a Russian telecoms company. For this commercial, DeepCake digitally edited Willis’ face onto a Russian actor. This sparked rumors that Willis had sold the rights to his likeness for the company to use in future projects.
However, both management for Willis and DeepCake itself denied any partnership or agreement for these rights.
“Bruce couldn’t sell anyone any rights, they are his by default,” DeepCake said.
Agreements for the AI generation of actors have been heard of before, however. Recently, actor James Earl Jones agreed for his voice to be technologically generated for the voice of Darth Vader in the Star Wars franchise.
This comes as deepfakes are facing mounting criticism online, including from prominent YouTube personality and author, Hank Green. He recently tweeted about a channel that uses similar deepfake technology and AI-voice generation to parody popular YouTube creators. He stressed his concern that while the channel in question may not be nefarious, this technology could end up being harmful.
“There are ways to do this that would be much worse, more mean spirited, and more exploitative than this,” Green said. “And I’m very worried about what that will look like, because if this is working (and allowed), people will do it.”
Among other issues, Green mentioned these videos could abuse monetization and sponsorship opportunities while exploiting someone else’s face and brand. Green even implored YouTube to evaluate its terms of service as the popularity of deepfakes rise.
See what others are saying: (BBC) (Mashable) (The Telegraph)
Twitch Faces Backlash After Booking Megan Thee Stallion At TwitchCon Amid Creator Pay Cuts
The cut in revenue share has ignited severe backlash on Twitch, where users argue pay for creators should be increased, not slashed.
Revenue Share Shake Up
Twitch users are criticizing the company for hiring artist Megan Thee Stallion to perform at TwitchCon just one week after announcing cutbacks to top creator pay.
Last week, the video and streaming platform said that starting in June of next year, some creators will receive less revenue from their subscriptions. While the standard split for subscription revenue is 50/50, some major streamers previously received a more favorable 70/30 share in premium agreement terms.
Many creators have long argued that everyone should get that 70/30 share, but Twitch took a step in the opposite direction. In the future, streamers with premium terms will only get the 70/30 slice for their first $100,000 from subscription revenue. After that, they will get bumped down to the regular 50/50 cut.
The company argued the move was necessary as the premium terms previously lacked transparency and consistency, insisting it tried to modify the policy in a way that impacted the least amount of creators. According to Twitch’s statement, 90% of streamers on standard agreements will not even be impacted by the change.
Still, this move outraged Twitch users who were furious the company was not investing more in the creators that bring so many viewers to its platform. Those frustrations were exacerbated on Wednesday when the company announced Megan Thee Stallion would make an appearance at TwitchCon, a weekend-long event set to take place in San Diego in early October.
Backlash Continues to Mount
While no details of Megan Thee Stallion’s agreement to perform have been disclosed, one can assume she charges a pretty penny to book at an event of this nature. Critics argued that if Twitch is willing to spend money on her, it should be willing to spend it on its own streamers.
“So Twitch can’t afford to pay their creators 70/30, can’t fix their media player that crashes after each ad, can’t enforce their policies so people aren’t doing inappropriate things on stream, but they can afford paying celebrities to promote their streaming site?” one person wrote.
“It’s weird that a company that just announced a bunch of budget cuts due to infrastructure costs goes out and grabs an A-list musician instead of promoting their own musicians that run on their platform,” another person claimed.
“Instead of giving your creators a cut they deserve when they do so much work, this is what you do…?” one user asked. “Maybe give your creators a better deal instead of wasting their hard earned money on things we don’t even want.”
Twitch has not responded to the outrage, but Megan Thee Stallion was not the only music act the Amazon-owned service booked for the event. Kim Petras and Meet Me at the Altar will also take the stage at TwitchCon.
The backlash comes as concerns have been mounting against Twitch for a plethora of reasons including creator pay, gambling streams, and more.
In recent months, some of the platform’s biggest names have left Twitch in favor of rival services like YouTube Gaming.