Yes. This is a smart decision for both parties. It brings more "general population" eyes to Shudder, and creates a partnership for using future properties much easier.
I'm firmly planting my flag and saying, temper your expectations.
Without getting too far into the legal weeds, many of Shudder's bigger movies (Mandy, Psycho Goreman, One Cut of the Dead) look to be strictly digital and physical distribution deals.
That means they would have to also partner with the original producers/rights holders of all of those individual properties to create merch and use the likenesses in things like....you know...theme parks.
The two biggest properties that jump out right away that appear to be mostly free and clear are Creepshow, and The Last Drive-In.
My question is, where does the Shudder/AMC/Sci-Fi line blur?
They're all technically the same company. So, could we see some characters from NOS4A2, Chanel Zero, Z Nation, or (god forbid) The Walking Dead?