Since KPop Demon Hunters got here out in June and took the world by storm, followers have been clamoring for extra. Netflix sure would like to, given how effectively this one movie’s carried out, nevertheless it appears to be a query of whether or not the celebrities will align for it and Sony to make a sequel collectively.
In a current story from Puck’s Matt Belloni, he lays out a number of the movie’s financials, particularly that it price Sony over $100 million to provide, and solely about $20 million goes to the studio, even with the movie’s temporary, upcoming theatrical run. (It may possibly additionally launch the movie in China, ought to the federal government permit it.) Sources advised the reporter the deal between studio and streamer permits for Sony to make extra KPop motion pictures, and it’s already coming into negotations with co-directors Maggie Kang and Chris Applehans. Netflix isn’t obligated to renegotiate, so if that occurred, the sequel could possibly be shopped round elsewhere or come to the large display.
Why didn’t Sony simply put out KPop Demon Hunters in theaters itself? Per Belloni, it made two deals with Netflix in 2021: one deal, a “direct-to-platform” association, made so the streamer might greenlight and launch a minimal variety of Sony-made motion pictures for animation and live-action, and Sony can be paid a $20 million premium on prime of every movie’s particular person price range.
With all this laid out, it’s a query of what’ll occur with KPop Demon Hunters 2, distribution-wise. Trade individuals advised Belloni they doubt the primary film would’ve taken off like this if it got here to theaters first, largely as a result of authentic animated motion pictures have had a tough go in theaters, and KPop itself steadily constructed up momentum over time. However Netflix’s dislike of theatrical releases has simply resulted in Stranger Issues creators Matt and Ross Duffer going over to Paramount, and Sony is aware of market and distribute motion pictures for the large display. Whether or not Netflix comes alongside for the journey, it in all probability gained’t be lengthy earlier than we’re listening to from Huntr/x once more.
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