Netflix and Apple have been among the many streaming platforms curious about taking Daniel Craig’s closing James Bond film – No time to die – off MGM’s palms after repeated delays in its launch. The film, initially slated for an April 2020 launch was pushed again to November, and has now been moved to April 2021, due to the coronavirus pandemic’s impression on theaters.
Variety reports that the studio was asking for $ 600 million (Rs 4400 crore) to offload the image. While MGM denied the experiences, Variety mentioned that rival studios are involved that the deal was ‘overtly’ explored.
During this era, studios similar to Sony and Paramount have efficiently offered main movies similar to Greyhound and Coming 2 America to streaming platforms. In India, Amitabh Bachchan’s Gulabo Sitabo was among the many first movies to forego a theatrical launch in favor of a direct-to-OTT debut. His son Abhishek Bachchan’s Ludo and The Big Bull are slated to launch on Netflix and Disney + Hotstar, respectively.
“We do not comment on rumors.” The film shouldn’t be for sale. The film’s launch has been postponed till April 2021 so as to protect the theatrical expertise for moviegoers, ”an MGM spokesperson instructed Variety.
No Time to Die, directed by Cary Joji Fukunaga, was produced for $ 250 million. According to the report, MGM has already misplaced between $ 30 million and $ 50 million due to the delay. “It’s unclear if producers Barbara Broccoli and Michael G. Wilson, who exert control of the series through their company Eon, would sign off on the deal,” the report famous, including that Universal Pictures, which owns the worldwide distribution rights for the film , would have to be totally lowered.
Follow @htshowbiz for extra