Netflix has struck an unprecedented licensing agreement with Brazilian media giant Globo, bringing 18 titles — 14 films, three telenovelas and one series — to the streaming service across different territories, according to Netflix's announcement carried by The Futon Critic on October 19, 2026.
The package marks one of the most significant licensing pacts between a global streamer and Latin America's largest content producer. The deal spans films, the telenovela format that built Globo's empire, and a scripted series, with licenses covering different territories — a structure that lets Netflix program regionally while Globo retains flexibility across its own platforms.
The agreement continues a busy month of licensing for Netflix, which also sealed a wide-ranging content-licensing deal with Disney for select Disney+ originals, Pixar animations and 20th Century Studios titles — with Percy Jackson and the Olympians and the Ice Age films streaming on Netflix in three-month promotional windows — and locked in the next three editions of La Velada del Año. The strategy marks a notable shift from the streaming wars' early exclusivity battles toward targeted commercial collaboration.
For Globo, whose telenovelas have defined Brazilian television for decades, the Netflix window offers global reach for its catalog at a moment when international streamers are competing fiercely for Latin American audiences. Licensed titles roll out in phases, building audience buzz in the same way Disney is using Netflix to pre-promote its own upcoming series and theatrical releases.
For Netflix, which is battling soft U.S. viewing and a trimmed ad forecast, the Globo pact is about efficient growth: proven, beloved catalog with a built-in audience, acquired without the cost and risk of original production — and a reminder that in 2026, even the fiercest streaming rivals are learning to share.