No Time to Die Rumored to Skip Theaters as Streamers Engage in James Bond Bidding War

Another huge blockbuster may leave theaters in favor of a streaming debut in the US. No time to dieThe latest entry in the James Bond franchise, was originally intended to hit theaters this year. First in April, then in November, before MGM delayed the release of 2021. Now, as uncertainty looms over the box office looms, it is rumored that several major streaming services are in a bidding war for the rights to the highly-anticipated finale for Daniel. Craig’s race as 007.

Before diving, we should be careful that it should only be considered a The rumor For the time until further confirmation. That said, a new report claimed that Netflix and Apple TV + are in the mix to secure streaming rights No time to die. No figures were provided, but it is said that they are paying “monstrous sums of money”. MGM, moreover, is under pressure to consider a streaming play as movie theaters face an uncertain future in the US and 2021 makes no guarantee that things will improve enough to justify a major release. Warner Bros. also recently indicated that they are not happy with the financial results theory.

Related: No Time To Die The director will not delay the release date further

Both Netflix and Apple have deep pockets but the question is whether they are so deep that MGM should consider moving to the box office No time to dieThe Odds are, it will be a domestic deal. With this in mind, let’s do some quick math. sky fall Is the most successful James Bond Film Aaj Tak grossed $ 1.1 billion at the global box office, grossing $ 304 million. The studio only takes home about half of that money, not to mention what they spent on marketing. Therefore, if MGM can still release the film in theaters overseas and take home a neighborhood of $ 200 million from a streaming service, it may be enough to make the deal happen.

We definitely know that the box office is very much on life support right now. Most major films have vacated expectations in 2020 that 2021 will provide green grazing. This has left movie theaters with very little way to get meat on the seats. AMC warns that they are in serious danger of bankruptcy. Meanwhile, Cineworld, which operates Regal in the US, has closed all its theaters indefinitely. Things are not looking good. At the same time, Disney has reorganized its entire media business to specifically prioritize streaming, Disney +.

Carrie Joji Fukunaga Direction No time to die. Rami Malek is to play the lead villain, with Lashana Lynch, Ana de Aramas, Lee Sedoux, Ralph Fiennes, Jeffrey Wright, Ben Whisaw and Naomi Harris round out the cast. At the moment, it is set to hit theaters on April 2, 2021. Whether this stick depends on how ready these streaming services are to get into the James Bond business. This news comes to us through Binged.com.

Subject: No Time to Die, James Bond, Streaming

Ryan Scott in Movieweb

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