Amazon’s PV Close To Make Deal With Universal

(Last Updated On: July 8, 2021)

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Amazon’s Prime Video is targeting another licensing deal, now with Universal Filmed Entertainment Group.

It is a multi-year deal with a ten-figure. Prime Video is set to have an exclusive pay window for Universal upcoming live-action films, starting in the U.S with the studio’s theatrical release for 2022. This is the first exclusive deal Prime Video’s succeeding with a major studio like Universal. Amazon prior to this deal also made an exclusive deal with A24  but also non-exclusive Paramount, MGM, and Lionsgate – which is currently under an acquisition process.

“Recognizing that all parties would benefit from a modernized windowing structure, this new agreement allows Prime Video and IMDb TV to benefit from UFEG’s vast library and diverse content like never before,” said Peter Levinsohn, vice chairman and chief distribution officer, UFEG. “We’re thrilled to team up with Amazon to deliver our titles to its customers. This agreement further delivers on our distribution strategy to monetize our unparalleled movie library across multiple services, while offering customers the most choice, control and flexibility in how, when and where they watch films.”

With this deal, Prime Video will stream exclusively Universal 2022-titles. NBCUniversal’s Peacock is set to stream Universal titles 2022 movies before it arrives at Amazon 4 months later. Therefore, Amazon Prime Video will stream big-budget films such as Jurassic World: Dominion, The 355 and Ambulance. Although Steven Spielberg’s Amblin will not be available within the Peacock/Amazon pact as the company itself has extended its deal with Showtime Networks.

 Source: Deadline.com

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