Netflix reaches historic cope with AMC, Regal, Cinemark to indicate ‘Knives Out’ sequel in theaters • TechCrunch | Hotline Tech

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For the primary time, a Netflix film can have a week-long theatrical preview occasion at 600 AMC, Regal and Cinemark theaters within the U.S. Historic deal marks the first time The three main theater chains have agreed to indicate a big-budget Netflix film.

Viewers can have the chance to see “Glass Onion: A Knives Out Thriller,” the sequel to “Knives Out,” in theaters over Thanksgiving weekend, November 23-29, precisely one month earlier than that Netflix premieres the movie on its platform on December 23. Tickets go on sale Monday, October 10.

The streaming big additionally introduced yesterday that the movie will play in choose theaters within the US, Canada, the UK, Eire, Italy, Germany, Spain, Israel, Australia and New Zealand.

Netflix acquired the rights to “Glass Onion: A Knives Out Thriller” and “Knives Out 3” for $450 million. The streamer is probably going hoping that the theatrical launch will convey new subscribers to the streamer who wish to watch the movie of their houses. In the course of the summer time, the corporate skilled a lack of virtually one million subscribers.

Adam Aron, president and chief government officer of AMC, mentioned in a press release: “This announcement of our first cope with Netflix is ​​vital to AMC and to film lovers world wide. As we have usually mentioned, we imagine that each theatrical exhibitors and streamers can proceed to efficiently co-exist…due to the higher cultural resonance these motion pictures can get from a theatrical launch, they’re going to find yourself being proven to a bigger viewers after they too be seen on streaming platforms.”

Beforehand, AMC, Regal, and Cinemark boycotted Netflix motion pictures. In 2014, all three theater chains refused to indicate Netflix’s first authentic film, “Crouching Tiger, Hidden Dragon: The Inexperienced Legend” as a result of the businesses have been unwilling to indicate a film that will simulcast to customers of their houses. .

Additionally, in 2019, AMC and Regal refused to indicate Netflix’s “Roma” in theaters, which was the primary Netflix movie to be nominated for finest image. The next yr, Netflix’s finest image nominees “The Irishman” and “Marriage Story” have been additionally not proven on AMC or Regal.

Now, it seems like AMC, Regal, and Cinemark have turned the web page, most probably because of the continued success of Netflix motion pictures. Netflix had seven wins throughout final yr’s Oscars.

“Knives Out” was a field workplace smash when it hit theaters in 2019, incomes $311.6 million worldwide on a $40 million finances. So we think about the sequel will do nicely in theaters.

Glass Onion will see the return of detective Benoit Blanc, performed by Daniel Craig, who has to resolve a homicide throughout a visit to a personal Greek island owned by tech billionaire Miles Bron (Edward Norton). Different stars embrace Dave Bautista, Kate Hudson, Janelle Monáe, Kathryn Hahn, Ethan Hawke, and Leslie Odom, Jr.


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Netflix reaches historic deal with AMC, Regal, Cinemark to show ‘Knives Out’ sequel in theaters • TechCrunch

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