Netflix strikes historic deal with AMC, Regal and Cinemark to show ‘Knives Out’ sequel in theaters

For the first time, a Netflix movie is enjoying a week-long theatrical premiere in 600 AMC, Regal and Cinemark theaters across the United States. The historic agreement marks the first time the three major cinema chains have agreed to show a big-budget Netflix movie.

Viewers will get a chance to watch ‘Glass Onion: A Knives Out Mystery,’ the sequel to ‘Knives Out,’ in theaters over Thanksgiving weekend, Nov. 23-29, exactly one month before Netflix airs. the film on its platform on December 23. Tickets go on sale Monday, October 10.

The streaming giant also announced yesterday that the film will also be shown in select theaters in the United States, Canada, United Kingdom, Ireland, Italy, Germany, Spain, Israel, Australia and New Zealand. -Zealand.

Netflix has acquired the rights to “Glass Onion: A Knives Out Mystery” and “Knives Out 3” for $450 million. The streamer is likely hoping the theatrical release will bring in new subscribers to the streamer who want to watch the movie at home. Over the summer, the company lost nearly a million subscribers.

Adam Aron, President and CEO of AMC, said in a statement, “This announcement of our first ever deal with Netflix is ​​significant for AMC and for moviegoers around the world. As we’ve said many times, we believe that theatrical exhibitors and streamers can continue to successfully co-exist…thanks to the wider cultural resonance these films can gain from a theatrical release, they will eventually be released to a wider audience when also viewed on streaming platforms.

Previously, AMC, Regal, and Cinemark boycotted Netflix movies. In 2014, the three movie chains refused to show Netflix’s first original movie, “Crouching Tiger, Hidden Dragon: The Green Legend” because the companies were unwilling to show a movie that would be simulcast to users at home. them.

Additionally, in 2019, AMC and Regal declined to show Netflix’s “Roma” in theaters, which was the first Netflix movie to be nominated for Best Picture. The following year, Netflix’s top nominees “The Irishman” and “Marriage Story” also failed to make it to AMC or Regal.

Now, it looks like AMC, Regal, and Cinemark have turned over a new leaf, likely due to the continued success of Netflix movies. Netflix picked up 7 wins at last year’s Oscars.

“Knives Out” was a box office hit when it hit theaters in 2019, earning $311.6 million worldwide on a budget of $40 million. So, we imagine the sequel will perform well in theaters.

“Glass Onion” will see the return of detective Benoit Blanc – played by Daniel Craig – who must solve a murder during a trip to a private Greek island owned by tech billionaire Miles Bron (Edward Norton). Other stars include Dave Bautista, Kate Hudson, Janelle Monáe, Kathryn Hahn, Ethan Hawke and Leslie Odom, Jr.

techcrunch Gt

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button