5 deals that prove Netflix wants to be taken seriously in the movie business
Netflix
On Monday, reports came that Netflix was nearing a deal to nab the highly anticipated next film from Cary Fukunaga ("True Detective"), "Beasts Of No Nation."
The film stars Idris Elba and was shot in Ghana last year for $6 million.
The news reveals Netflix's willingness to go up against the big boys, as reports say it outbid the likes of Fox Searchlight and Focus to acquire the film, paying nearly $12 million.
Based on the novel by Uzodinma Iweala, the story follows a child soldier who joins a militant group from an unnamed West African country that is led by a brutal warlord (Elba). The story and talent behind it have all the makings for an award-season contender, but that would mean Netflix would have to release the film theatrically before putting it on its streaming platform to be eligible for Oscar. Netflix has not yet divulged its release plans for the film.
"Beasts Of No Nation" is only the latest movie acquisition from Netflix. Here's a breakdown of other first-run films you'll be seeing from the streaming site in the coming years.
A "Crouching Tiger" sequel
Last September news broke that Netflix inked a deal to release a sequel to Ang Lee's Oscar-winning "Crouching Tiger, Hidden Dragon." Titled, "Crouching Tiger, Hidden Dragon: The Green Legend," the film will be released day-and-date in theaters and Netflix on August 28. Details have not come out about the sequel but we're planning for lots of swords and people floating on branches.
Adam Sandler Movies
Shortly after the "Crouching Tiger" news, Netflix announced it signed Adam Sandler to a four-picture deal exclusively for streaming. Sandler will both produce and star in the films, which are likely to be similar in budget to his past films (ranging from $40 million-$80 million).
Nothing is out yet on what zany storylines we'll get from Sandler, but with this quote from the iconic comedian the day the deal was announced we can bet it will be filled with his classic juvenile humor: "I immediately said yes for one reason and one reason only. Netflix rhymes with Wet Chicks. Let the streaming begin!!!"
Duplass Deal
Mark Davis/Getty Images
New Pee-Wee Movie
Warner Bros.
NOW WATCH: Mark Cuban: Here's Why Netflix Won't Kill TV
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market