Netflix and Universal have renewed their licensing deal for animated films, including Illumination and DreamWorks titles, adding U.S. rights to live-action Universal and Focus releases starting in 2027.
Universal Filmed Entertainment Group releases will continue to have their pay-1 release window on Peacock, in keeping with a key strategic objective over the past couple of years at NBCUniversal. But the longer tail of animated films on Netflix, especially durable ones like Sing, has been good business for both companies and will continue under the new agreement.
The pact gives Netflix exclusive rights to the titles no later than eight months following theatrical release. After the initial premiere on Peacock, Netflix will have a 10-month window during which these films are available only on Netflix before they return to Peacock. Netflix will also license rights to Universal’s full animation and live-action film slate for additional windows in subsequent years
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