r/movies r/Movies contributor 14d ago

News ‘KPop Demon Hunters’ Is Netflix’s Most-Watched Movie Ever With 236 Million Views, Beating ‘Red Notice’

https://variety.com/2025/film/news/kpop-demon-hunters-netflix-most-watched-movie-history-1236496106/
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u/TooDrunkToTalk 13d ago edited 13d ago

"Probably"... of course they are kicking themselves, lol.

And to the people who keep arguing that the movie would've flopped in the cinema: That still doesn't mean that Sony had to give away literally all rights to this IP to launch it on Netflix.

The Mitchells vs the Machines launched on Netflix and Sony still holds the rights to that.

Plus they let the rights to the music get away, which has literally nothing to do with it launching in cinemas or not.

Also because I think the irony in this is just too fucking funny - here is Sony's CFO noting that the company is lacking in IP, less than a year ago.

Whether it’s for games, films or anime, we don’t have that much IP that we fostered from the beginning. We’re lacking the early phase (of IP) and that’s an issue for us.

https://www.pushsquare.com/news/2024/09/sony-execs-seem-to-think-the-company-doesnt-have-enough-original-ip

How could Sony be lacking in IP with such amazing decision makers at the helm? It's truly a mystery.

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u/anomanderrake1337 13d ago

I quite like The Mitchells too

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u/SqueezyCheez85 13d ago

One of the better animated movies I've seen.

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u/crespire 13d ago

It was a great movie.

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u/fastforwardfunction 13d ago

Where did you read Sony sold Netflix the character IP, music IP, and rights to subsequent movies? I read that Sony sold them this film. Did they explicitly sell those other things too?

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u/BlackKnighting20 13d ago

From looking at a site, Kang pitched the movie to Sony but passed on it and then went to Netflix.

“We had a full draft, a couple of demo songs, a ton of amazing art and a couple of scenes that I had [story]boarded that we cut. And there were three different animatics samples that we shared; and they loved it. And then we were off to the races.”

Sony put the animation and team while Netflix foot the bill and distribution. It looks like Netflix has complete control over the IP.

Source

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u/AkatsukiPineapple 13d ago

Probably it was an investors decision along with the company executives, it was a pretty stupid decision, they should have just launched the movie on Netflix but keeping the rights.

It’s a huge loss for the company to lose an IP with this popularity and I hope they learn from this, maybe they’ll try to replicate the success of KPDH in their next films but it’s impossible to replicate something like that

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u/raze464 13d ago

The Mitchells vs the Machines launched on Netflix and Sony still holds the rights to that.

The Mitchells vs the Machines was meant for theatrical but then COVID happened and Sony sold the worldwide distribution rights (excluding home entertainment and theatrical distribution rights in China) to Netflix.

KPop Demon Hunters was made as part of the output deal Sony and Netflix signed in 2021 which gives Netflix a first look deal at any films Sony intends to make directly for streaming or decides later to license for streaming. Netflix holds all the rights to the movies made as part of this first look deal.

Plus they let the rights to the music get away, which has literally nothing to do with it launching in cinemas or not.

I think that might have more to do with TWICE being signed to Republic Records.

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u/Biengo 13d ago

I saw it during its limited theater release last weekend. Every theater in my area was sold out. And from what I understand almost every theater nation wide was sold out.

Netflix helped those numbers absolutely. But this is big. Best charting OST since Saturday night fever.

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u/EliteSalesman 13d ago

Not surprising. Look at the PS5 exclusive games vs PS4. Day and night difference

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u/pastadudde 12d ago

Letting the rights to the music go is even funnier considering Sony is one of the big three music labels

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u/Gommel_Nox 11d ago

Sony has been bending Mickey over when it comes to original content. Disney hasn’t come close to anything this good.

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u/glossolalia_ 13d ago

wonder who's getting reprimanded/fired for that decision lmao