Foxtel Group, Sony Pictures ink new multi-year content deal

The Foxtel Group and Sony Pictures today signed a new multi-year agreement covering an extensive range of new release and library movies and iconic TV series.

The agreement delivers hundreds of hours of blockbuster movie franchises, highly-anticipated 2022 new releases, and a vast library of films across a range of genres.

These titles include new releases in 2022, such as Spider-Man: No Way Home, Venom: Let There Be Carnage, Ghostbusters: Afterlife, Uncharted, Where the Crawdads Sing and Bullet Train.

Blockbuster franchises such as Spider-Man, Men in Black, Jumanji, Ghostbusters, Charlie’s Angels, The Karate Kid and Bad Boys.

Library movies such as Jerry McGuire, A Few Good Men, 50 First Dates, Erin Brockovich, Step Brothers, Gandhi and Little Women., and TV series such as the action-drama series S.W.A.T., beloved sitcom The Nanny and the ever popular, multi–Emmy Award-winning series Seinfeld.

In addition, an extensive library of kids and family content, including Cloudy with a Chance of Meatballs, The Smurfs, Hotel Transylvania 1 and 2, Peter Rabbit, Surfs Up and The Emoji Movie.

The catalogue of movies and new releases from Sony Pictures will be available for subscribers to stream on demand on Foxtel and BINGE, including in a range of box sets.

Foxtel Group chief content and commercial officer, Amanda Laing, said: “We are thrilled to have Sony Pictures continuing as our long-term partner, providing our subscribers with more of the world’s best movies and shows.

“This deal highlights our continued strength as a local partner of choice for leading global studios. As Australia’s favourite provider of entertainment and sport content, with over 4.5 million subscribers, we can deliver Sony Pictures’ amazing content to audiences with more reach in this market than ever before.”

Sony Pictures Entertainment executive vice president, international distribution, Mike Wald, added: “Foxtel is a valued partner, and we are delighted to continue to build upon our long-standing relationship, bringing our incredible slate of new movies together with our iconic library to Foxtel Group audiences.”

Last week News Corp reported its financial results for the three months ended 31 March, 2022, which showed News Media continued to benefit from the rebound in the advertising market, new content licensing revenues and strong digital subscriber gains.

As of the end of March, Foxtel’s total paid streaming subscribers grew 62% compared to the prior year with both BINGE and Kayo at approximately 1.2 million subscribers.

Foxtel Group streaming subscription revenues represented approximately 20% of total circulation and subscription revenues in the quarter. Adjusted Revenues increased 1% compared to the prior year.

Total Foxtel Group subscribers were 4.54 million (4.34 million paid) as at March 31, up 20% on the prior year.

Foxtel Now reached 2.78 million (2.54 million paid), up 52% year-on-year and 21% on the prior quarter. Foxtel Now reached 215,000 subscribers (206,000 paid), down 10% YoY.

Foxtel Residential and Commercial broadcast subscribers were 1.762 million. Foxtel Residential Broadcast subscribers declined to 1.52 million, down 11% year-on-year.


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