Netflix secured exclusive US rights to new movies from Sony Pictures after they leave theatres, in a multiyear agreement giving the streaming giant upcoming films in the popular Jumanji and Spider-Man franchises.

The entertainment division of Japan’s Sony Corporation also gave Netflix the first chance to buy movies that are not for film theatres and take part in their production, another potential pipeline of original films. Financial terms of the deal announced on Thursday were not disclosed, though Bloomberg News previously reported Sony was seeking as much as $250m a year...

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