Please ensure Javascript is enabled for purposes of website accessibility

Marvel Fans Rejoice: Spider-Man Is Heading to Disney+ After Licensing Deal With Sony

By Jon Quast - Apr 22, 2021 at 9:21AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

In Disney, Sony is getting a big distribution partner for its large library of films.

The Walt Disney Company (DIS 1.84%) and Sony Group Corporation (SONY -0.11%) 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.

A child celebrates as confetti rains down.

Image source: Getty Images.

Spider-Man will be reuniting on Disney+ with his superhero pals like Iron Man and the rest of the Avengers. Disney acquired Marvel for $4 billion back in 2009. However, by that time Marvel had already sold the film rights to several of its more popular properties, including Spider-Man and The Fantastic Four. Disney and Sony have made deals in the past. Yesterday's licensing deal is just their latest agreement for keeping Spider-Man included in the ongoing Marvel universe. 

Many film studios have launched their own video-streaming services in the past year to take advantage of changing consumer preferences. Sony has a service as well called Bravia Core. However, Bravia Core is only available to those who purchase certain Sony smart-TV models. Therefore, given the limited reach of Bravia Core, it makes sense to seek a larger distribution partner in Disney.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

The Walt Disney Company Stock Quote
The Walt Disney Company
$96.14 (1.84%) $1.74
Sony Corporation Stock Quote
Sony Corporation
$81.68 (-0.11%) $0.09

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 07/03/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.