Netflix failed to convince Warnermedia to have Godzilla for streaming
Godzilla vs. King kong lost its chances to be a box office giant because of Covid 19. Dreams of this film having worldwide cinematic glory is all gone. This crossover Kaiju film is actually a remake of a 1962 Japanese movie King Kong vs Godzilla. That Kaiju battle is a classic but seeing it in modern special effects would be an interesting spectacle.
Kaiju fans have waited for this movie since 2016, but on the other hand, things happened differently. Previously, It was May 21, 2021, was the original intended release date. It didn’t happen in our timeline, unfortunately. Godzilla is Legendary Film’s most enormous IP as it earned over $529 Million. That was in one movie alone. Now Covid 19 had held the economy of movie theaters hostage. So going for a theatrical release is a huge gamble. No trailer had been released about this movie by far. Legendary wanted to hold into it for now while they are still trying to make a decision.
Legendary films owned majority of shares on this film while Warner Media owns twenty five percent. A negotiation happened between the two sides and Netflix. Netflix offered the amount of $200 million for the exclusive streaming rights of this film. Warner Media decided to go for sister company HBO Max. They want the movie to be available for streaming and have some theatrical release in some selected areas where there is no Covid 19 problems. There is no final decision yet but with all the High budget films getting delayed from theatrical releases, Streaming will be the only way these films will find an audience.
Andy Wingard directed this movie. Millie Bobby Brown and Ziyi Zhang from Godzilla King of the monsters will also reprise their roles.
Also joining them:
Alexander Skarsgard
Rebecca Hall
Brian Tyree Henry
Shun Oguri
Jessica Henwick
Eiza Gonzalez