Netflix is in a ferocious battle against the uprising of multi-billionaires enterprises creating their own exclusive streaming platforms. To make their platform for viable, Netflix won against a tight bidding battle on ‘Red Notice’ which was originally set to be released by Universal Pictures. Netflix has got the rights and has confirmed on the release on their Twitter account.
The movie was slated to be released next year, but Universal Studios were hesitant to take up the movie. ‘Red Notice’ was one of the biggest contracts to have ever been discussed last year and Netflix is making a huge commitment with this one. So far, the production budget has amounted to $130 million and Dwayne Johnson is promised $20 million for the movie.
The writer and director Rawson Thurber, who also worked with Dwayne Johnson on ‘Skyscraper’ and ‘Central Intelligence’, is promised an eight-figure salary.
The Rock commented on Netflix acquisition of the movie, “Netflix has illustrated that they are the perfect partners to accomplish this goal. I admire the ambition of Netflix to become one of the biggest movie studios in the world. Their original content generates critical acclaim and invites full collaboration on every level of production.
“Their unbridled enthusiasm for Red Notice is equally matched by their commitment to entertaining audiences on an international scale. The fun we’re gonna have making ‘Red Notice’, but more importantly – the fun the worldwide audience will have watching it in 190+ countries – all at the same moment.”
The movie is set to be release on 13 November 2020.