‘Godzilla vs. Kong’ is possibly the last tentpole to go on a streamer (exclusive)



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The Netflix offering undoubtedly won over Legendary, which funded 75% of the budget. As Netflix does not have a presence in China, the film could have been theatrically released there.

The monsterverse films, which are the cornerstone of Legendary’s slate, are big international players, especially in China: just over a third of King of monstersThe worldwide box office of $ 386 million came from the film’s release in China. Skull island grossed $ 168 million in China, or about 30% of the film’s gross $ 567 million.

Godzilla vs. Kong, the fourth entry in the series, is slated to open on May 21, 2021, but it’s far from clear that U.S. theaters will be back in full operation by then and even if they are, studios face an accumulation of major exits that have been pushed because of the pandemic. Meanwhile, Legendary is stuck with the cost of making an unreleased big-budget movie. Although Warner Bros. only owns a 25% stake in the film, it controls the release.

Decisions on the film’s fate are made at the highest level, with WarnerMedia CEO Jason Kilar and Warner Bros. President. (On November 18, WarnerMedia reported that the tentpole Wonder Woman 1984 would bow in theaters on December 25 and be available to stream on HBO Max in a deal Kilar described as “unprecedented.”)

Legendary monster movies started in 2014 Godzilla, which rebooted the franchise starring the Japanese nuclear lizard and drew $ 514 million in theaters around the world. Then 2017 Kong: Skull Island reintroduces the public to King Kong. The last entry published was from 2019 Godzilla: King of the Monsters.

Godzilla vs. Kong was directed by Adam Wingard, who cut his teeth with low budget horror thrillers and films, and stars actors Alexander Skarsgard, Millie Bobby Brown, Rebecca Hall and Kyle Chandler.



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