2020 was a tough year for blockbusters. Basically, almost every big budget movie has moved to the next year or has decided to debut on a streamer. Even some of the potential 2021 titles are starting to ponder, with COVID-19 still an issue and theaters likely to remain partially closed for some time to come. Now we can add another big movie to that list, with the crossover sequel Godzilla vs. Kong is most likely the next title to skip theaters. In fact, there could be competition for his rights right now. Read on to find out more about this rumored development …
According to The Hollywood Reporter, Warner Bros. is considering a $ 200 million offer from Netflix to purchase the rights to Godzilla vs. Kong to take over. When you consider that WB also has HBO Max as its streaming arm, this looks like the streamer that will ultimately end up with it. That said, any streaming service that ends on this streak is a big deal as it would be one of the greatest to ever be on its way.
Here’s a bit of the THR story:
Godzilla vs. Kong, the upcoming monster movie from Legendary Pictures, is likely the newest major franchise to hit the road to becoming a streamer.
Seasoned sources tell The Hollywood Reporter that Netflix made an offer of more than $ 200 million for the film, while WarnerMedia blocked the deal and prepared its own offer for its streamer HBO Max. Legendary declined to comment while a Warner Bros. spokesman said, “We plan to release Godzilla vs. Kong in theaters next year as planned.”
The Netflix offering undoubtedly had attraction for Legendary, which funded 75 percent of the budget. Since Netflix is not present in China, the film could also have been played in the cinema there.
The Monsterverse films, which are the cornerstone of Legendary’s Plan, are big international players, particularly in China: just over a third of the $ 386 million worldwide box office for King of the Monsters came from the film’s release in China. Skull Island grossed $ 168 million in China, about 30 percent of the film’s $ 567 million.
Godzilla vs. Kong, the fourth entry in the series, is slated to open on May 21, 2021, but it’s far from clear that U.S. theaters will be back to full operation by then, and even if it does , the studios are in front of a pile. of important publications that have been pushed forward due to the pandemic. Meanwhile, Legendary is faced with the cost of shipping an unreleased, big-budget movie. Warner Bros. only has a 25 percent interest in the film, but controls the release.
Decisions about the fate of the film are made at the highest level. WarnerMedia CEO Jason Kilar and Warner Bros. Chairman Ann Sarnoff are preparing an offer for a streaming publication on HBO Max that theoretically also contains a cinema component. (On Nov. 18, WarnerMedia said that Tentpole would bow Wonder Woman 1984 in theaters on Dec. 25 and stream it on HBO Max, which Kilar described as “unprecedented.”)
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