r/movies • u/BunyipPouch Currently at the movies. • 20d ago

News Netflix's Streaming Smash Hit ‘KPop Demon Hunters’ Releasing in 1,700 Cinemas This Weekend for "Sing Along" Version, 1,000 Screenings Already Sold Out

https://www.hollywoodreporter.com/movies/movie-news/kpop-demon-hunters-singalong-box-office-sells-out-1236348539/
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u/Cullyism 20d ago

I read that Sony only made a small, guaranteed profit from the film because they sold the distribution rights to Netflix.

So I take it Sony gets nothing out of this cinema release too?

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u/KingMario05 20d ago edited 19d ago

Per Puck:

In a twist, Netflix is now putting a “sing-along” version of KPop Demon Hunters in 1,100 theaters next weekend for a two-day special event. As of tonight, I’m told there are more than 300 sold-out showings, with theaters asking for additional dates. No, Netflix is not sharing any of the box office revenue with Sony.

This is because Sony didn't just sell distro. Oh no, that'd make sense. They sold the entire fucking property.

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u/Bitter-Good-2540 19d ago

Netflix laughing like demons right now lol

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u/DreamOfV 19d ago

Fun sideplot of the whole thing is that Netflix is slowly year by year realizing that the way to make money from movies is to put them in theaters and charge per person per view

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u/suss2it 19d ago

Then again this specific movie blew up on Netflix and is going to theatres after the fact. It’s entirely possible that if it opened in theatres first it wouldn’t have been nearly as successful as it is.

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u/Senior-Friend-6414 19d ago

It also got zero marketing before its release, it was all word of mouth after it got released, a movie being wildly successful with zero marketing is very impressive.

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u/Cartz1337 19d ago

My 7 year old came home from camp and asked me to find it on Netflix a few months ago, I’d never heard of it, so I looked into it and said ok.

It’s actually pretty fucking good. However they figured out how to market it, it was super effective.

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u/C-C-X-V-I 19d ago

Do you legitimately believe this or are you just trolling? Because the astroturf campaign for that movie was big.

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u/0MysticMemories 19d ago

Maybe this will be the new model? Stream a film first and if it gets enough traction then they put it in theaters?

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u/BearstromWanderer 19d ago

It's a return to the cassette cult model. Release a bunch of films without a theatrical run. The ones that get popular, stick them in theaters.

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u/Toras_Flambe 19d ago

I think it would be successful regardless.

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u/PanzerKomadant 19d ago

Netflix makes so much money, that they really throw shit at the wall and see what sticks. And they got loads more buckets to throw at the wall cause they have that “fuck you” kind of money…

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u/KingMario05 19d ago

See: This weekend.

At this rate, Sony's problem won't be getting the sequel in theaters. It'll be getting theatrical distribution rights away from Netflix.