Netflix apparently has some deep pockets, and when they want something they'll pay for it. The streaming service just bought the rights to a couple of sequels to a popular movie for a ridiculous amount of money.
The mystery/comedy movie "Knives Out" had an all-star cast including Chris Evans, Daniel Craig, Jamie Lee Curtis, Toni Collette and Joseph Gordon-Levitt. Even Don Johnson was in it. It's a really good movie...but is it $450 million good? That does seem like a lot of dough to pay for two sequels. They'd better hope those sequels are good. Amazon Prime had exclusive rights to Eddie Murphy's "Coming 2 America" and I'm sorry to say it's terrible.
Well Netflix must feel the massive payout is a fair price to pay for the rights to “Knives Out 2” and “Knives Out 3.” I'm sure they're trying to compete with other new streaming services like Disney +, HBO Max and Apple TV Plus that are luring people in with exclusive movies and shows.
Despite the large, big name cast, the original "Knives Out" had a fairly small budget of $40 million, and went on to make $311.4 million at the box office. However, $450 is a lot of cash, in fact, its one of the biggest deals that's ever been struck for the rights to a movie franchise.
Photo Credit: Getty Images / Olivier Douliery