Hollywood's Movie Dilemma: Gamble At Box Office Or Sell To Netflix?

February 22, 2018

Illustration by Josh Holinaty

Midbudget titles that would've been theatrical fare in years past (like 'Cloverfield Paradox') are going direct to streaming as studios minimize risk and Paramount offloads international rights to the new thriller 'Annihilation.'

Facing an uncertain box-office climate, executives at major studios are more frequently asking: "Should we try our luck in theaters or sell this thing to Netflix?" In the case of recent midbudget sci-fi films like The Cloverfield Paradox (Paramount) and Extinction (Universal), the answer was "sell."

Read More:
https://www.hollywoodreporter.com/news/hollywoods-movie-dilemma-gamble-at-box-office-sell-netflix-1086706