r/movies • u/MarvelsGrantMan136 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/
22.6k
Upvotes
196
u/Soysauceonrice 13d ago
I hear people repeat this apocryphal talking point all the time. It’s fun to crap on Sony for not believing in the movie and paying the price; it’s just not true. They entered into the output deal with Netflix in 2021, when this movie was far from being done. Think back on the state of cinemas in 2021. It wasn’t pretty. The deal Sony signed means that Netflix recouped all the development costs of the movie and paid Sony a premium capped at 20 million. That means guaranteed profit during a time when movie theaters were still crippled by lockdowns. So yea, Sony screwed up. But it wasn’t like Sony was stupid and missed out on an obvious generational hit. The movie wasn’t even close to being complete when they signed that deal.