Does Disney own Sony? Facts Check, Everything you need to know

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Does Disney own Sony?

Although regular collaborators in broadcasting, Disney and Sony are two very separate brands. In fact, Sony is a far larger corporation than Disney.

Disney and Sony announced on April 22, 2021 an arrangement that would enable Disney to stream and broadcast on its television channels films from Sony Pictures’ past and future library, including the profitable Marvel brand.

Under the terms of the deal, and for an undisclosed sum, Disney acquired the broadcasting rights in the United States for Sony Pictures films scheduled for release between 2022 and 2026.

Disney will also be able to broadcast films from Sony Pictures’ current library on the Disney Network, which includes Disney+, Hulu, ABC, Disney Channels, FX, and National Geographic.

Sony’s filmography includes blockbusters like Jumanji, as well as previous and prospective films situated in the Marvel Universes, such as Spider-Man.

The agreement between Sony and Disney would let the latter utilise the pictures after they have been launched in cinemas, distributed for rental and sale to people, and made accessible on Netflix, which also has a contract with Sony. However this doesn’t mean that Disney owns Sony. 

Sony, which lacks a significant streaming service, aggressively works to increase the value of its film library by collaborating with other parties.

Is Marvel owned by Disney or Sony?

The complicated network of movie rights for Marvel characters has long made it difficult for the uninitiated to understand the difference between Marvel Studios and Marvel as a whole, including the whole Marvel world.

Walt Disney Pictures completed a historic purchase of Marvel Studios for almost $4 billion in 2009 and now wholly owns the brand. This action enabled the company to continue expanding their world and assisted them financially in making the greatest possible films.

The Disney acquisition has also enabled Marvel to regain the rights to a number of its previously licensed characters. Notably, Disney reportedly purchased 20th Century Fox for $71.3 billion in 2019. This agreement contained the rights to X-Men, Fantastic Four, and Deadpool characters, among others.

Disney was able to negotiate an agreement to include everyone’s favourite hero, Spider-Man, in the MCU films, indicating that bringing together many of Marvel’s on-screen characters was a priority for the company.

Spider Man’s pact with Sony stipulates that despite his participation in the MCU, the character will remain a member of Sony’s Universe of Marvel Characters, which the company has begun with Venom and wants to expand in forthcoming films.

In the end, it looks that Disney’s choice to acquire Marvel was a major success not just for the two corporations, but also for comic book fans who have had the opportunity to witness their favourite characters brought to life on the big screen.

What company is owned by Disney?

Due to Walt Disney’s significant purchase of Fox, whose name was changed to Star Plus, Disney Plus as a streaming service has already taken major leaps forward.

These are the companies owned by Disney:

Can Disney buy Sony? 

Disney started purchasing everything that moved some time ago, including Pixar, Marvel Studios, LucasFilm, and FOX. Since then, Discovery has merged with Warner Bros., while Amazon has remained with MGM.

On the other hand Sony Pictures has no intentions to sell to Disney or any other brand, despite the fact that all of these transactions involve a substantial amount of money.

In a 2021 interview with Financial Times, the CEO of Sony Group, Yoshida Kenichiro, reiterated that they had no plans of selling, 

“There is drastic realignment in the media industry, but I think our strategy of creating content as an independent studio while working with various partners will work.”

Sony Pictures will shift its material to streaming sites such as Netflix and Disney Plus, while being an independent company.

Disney could acquire properties such as Karate Kid, Ghostbusters, Jumanji, Men in Black, and notably Spider-Man if it purchased Sony. Therefore, it is understandable that they do not want to join any other film company at this time. 

However, if Sony Pictures changes its mind, there will undoubtedly be several offers from Disney.

What does Sony own?

Currently, Sony has more than one hundred corporations and subsidiaries worldwide. This includes, among others, 

The combined revenue of these enterprises in 2004 was around 69 billion euros and since the turn of the century, Sony Interactive Entertainment has been an industry leader in video games. 

In the same year, Sony’s worldwide consumer electronics market share exceeded 14 percent, surpassing Philips, Hitachi, and Panasonic at the time. 

Since its inception, the company has partnered with several major corporations, including Samsung, Toshiba, Hitachi, Google, etc.

Sony is a Japanese global firm that was formed on May 7, 1946 and is headquartered in Minato, Tokyo, Japan. Historically, it was known as Tky Tsshin Kgy. It was designed by physicist Akio Morita and engineer Masaru Ibuka.

Initially, the firm employed just approximately twenty individuals. However, throughout time, its employment has increased to 131,700 in 2015.

Note that these personnel are geographically dispersed, since the company is present in 183 countries. As a side note, it’s worth noting that the Sony name was first used in January 1958. 

On April 1, 2021, Sony Corporation was renamed Sony Group Corporation after a major restructure. 

Additionally, Sony Mobile Communications Inc. took over Sony Electronics Corp. as well as the imaging divisions and the home entertainment division of the company, all under the new name of Sony Corporation, which was officially adopted on the same day.

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Meticulous to a fault.

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