After recent news of the downfall of Netflix’s subscriber base, the streaming giant spent a couple of hundreds of millions of dollars to hopefully band aid the dilemma. It doesn’t stop there, though. Netflix will fight their way through adversity, pushing into territory once controlled by the great Hollywood studios.
Quite an optimistic reach, Netflix?
The giants they are in the field, spending $520 million must be a breeze. Every cent will be used to produce three big-budget films. If you’re wondering if they’ll be released in theatres near you to make their investments pay off, well, they’re not.
Red Notice starring Dwayne “The Rock” Johnson took home a bulk of the budget with $200 million, announced earlier this month. The action movie, also starring Ryan Reynolds and Gal Gadot will start cooking next year in beautiful, exotic locations.
Not only that, an action movie directed by, you guessed it, Michael Bay named 6 Underground starring Ryan Reynolds, Mélanie Laurent, Dave Franco and more will also be coming to Netflix with a price of $150 million!
This is where things get tasty. The company might just have bet their riskiest one with Martin Scorsese’s The Irishman. First of all, the movie will only appeal to adults with a mind open to subject matters that, well, are nothing to be taken lightly for. The historical drama will feature a legendary cast of Robert De Niro, Al Pacino and Joe Pesci, all appearing at different ages. Netflix’s costing for The Irishman was hinted to be around the $170 million and $200 million mark, making it the most expensive adult drama for at least the decade.
A plausible move by Netflix, really. Considering that about a third of their total viewers are totally attracted to their movies and the rest are for their television series, they really got this one solved––fast.