Are Netflix's "Crouching Tiger" and Adam Sandler deals a revolutionary shift in movie distribution? Or is it the modern version of the "direct to video" play?
On Thursday's "Hollywood Breakdown," Kim Masters and I asked those questions:
In a first-of-its-kind deal, Netflix and IMAX have declared they'll release a sequel to Crouching Tiger, Hidden Dragon. The film would be available on Neflix and to watch at an IMAX theater simultaneously. There's just a couple of problems. Almost no one involved in the original Crouching, including director Ang Lee, will work on the followup... leading people to wonder if it can really be called a sequel. Plus, the three largest movie theater chains in the country are boycotting the film's IMAX release, leaving very few IMAX screens available for the movie to play. In another Netflix deal, the streaming service has said they'll make four feature films with Adam Sandler. The budget will be the same as a typical Adam Sandler movie, around $80 million, but there's no plans for the films to run in theaters.
Listen by clicking below.