Netflix To Opt for Festival Release Instead of Theatrical Release for Upcoming Film as “streaming is the priority”

Netflix To Opt for Festival Release Instead of Theatrical Release for Upcoming Film as “streaming is the priority”

Recently the news of Netflix adding fresh movies and series while also expanding its collection by acquiring streaming rights for the majority of other smash hits has been quite high. The end of 2022 will see a straight enhancement in Netflix’s library, catering to the needs of movie freaks of all genres. The cherry on top? Most of them will be exclusive only to the American streaming giant as confirmed in various events.

For instance, the Venice Film Festival on Wednesday, August 31, and the Toronto International Film Festival. The events have and are about to confirm the festival release of new pieces that Netflix is going to harbor. Here’s detailed information about the same.

Netflix strives forward with its Festival release of movies instead of traditional theatres

The best thing about the release of these upcoming A-listers is that you won’t have to go to your theatres ahead of Netflix’s release. The streamer will officially deliver the below-mentioned titles right away to your screens on the scheduled days. It might do some small platform releases for a few others but it has no other plans on expanding its theatrical experiments. This is confirmed as one of the Netflix insiders went, “No change. Streaming is Priority,” so be it.

With some of the major horsemen like White Noise, Andrew Dominik’s Marilyn Monroe movie Blonde with Ana de Armas, Romain Gavras’ French drama Athena and Alejandro González Iñárritu’s Mexican epic Bardo in the running — Netflix has a decent shot at claiming its second Golden Lion after Roma in 2018.

ALSO READ:  What is The French Film ‘Athena’ on Netflix About? Check Synopsis, Cast, Release Date, and More

Amidst not-so-supportive remarks, the platform firmly adheres to its plan

All four films are accompanied by TIFF titles like The Swimmers, All Quiet on the Western Front, The King’s Horseman, and Tyler Perry’s A Jazzman’s Blues. Hence, they also have a high possibility of being award-sweeping pieces for the present year.

Regarding this decision, many have gone off ties as they believe it’s equivalent to leaving money on the table. It’s been estimated that a Hollywood giant would have earned a lump sum of $20 million more, had Netflix given it a theatrical release. However, despite all negative feedback and suggestions, the giant moves forward with its festival release with full faith for success. Let’s see how the plan goes.

For more details about the same, stay tuned with us.

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