Netflix Purchases Knives Out Sequels for $450 Million

In a massive $450 million deal, Netflix has purchased the rights to two Knives Out sequels from Media Rights Capital, per Variety Daniel Craig is reported to reprise his role as detective Benoit Blanc in both sequels, with writer-director Rian Johnson also set to return.

The purchase represents a further diversification of Netflix’s upcoming catalog, giving the company a new flagship property. The streaming landscape has grown increasingly crowded in the past eighteen months, seeing the launch of services such as Disney Plus, Apple TV Plus, HBO Max and, more recently, Paramount Plus. Netflix has remained vigilant in its tactics to maintain a large subscription base, even beginning to warn against the practice of sharing passwords between users.

Rian Johnson has already dipped his toes into the streaming landscape. Last month, Peacock announced the filmmaker would be writing and directing a new mystery series Poker Face for the streamer. The 10-episode serial will star Natasha Lyonne. Additionally, The Last Jedi director is also still working on an original Star Wars trilogy for Disney.

Meanwhile, No Time to Die is set to hit theaters in November after numerous delays. The latest 007 entry is touted as Daniel Craig’s swan song in the role of James Bond.

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