‘No Time to Die’ not Streaming on Netflix – Why that’s a Good Thing
MGM is the studio behind the James Bond franchise. This weekend past it tried to auction the distributing rights to the newest entry in the 007 series, No Time to Die, for $600 million USD.
Although Netflix had expressed their interest in the film, ultimately, they felt the price tag was just a tad too high. As a result, the deal fell through.
Watch the No Time to Die James Bond Official Trailer video below:
But it’s probably for the best. If Netflix did purchase the blockbuster, then the future if cinema could’ve changed for the worse, forever, and here’s a brief explanation as to why…
The Covid-19 pandemic has closed cinemas across the world for months – pushing all new releases back at least a year (some two). The film industry as a whole has been really struggling this year.
The only thing that has really kept it alive are online streaming platforms such as Netflix, Hulu, Prime Video, and HBO Max.
Netflix subscriber numbers surge
Netflix especially, has been pumping out one original film or show after another. With so many people being stuck inside, the company has been seeing viewership numbers like they’ve never seem them before.
According to the numbers released by Netflix for the last quarter, the streaming service now has more than 183 million subscribers. More than 15 million of those were added in the quarter.
Because the general public has now gotten so used to home streaming, a lot of experts in the entertainment industry say that this could prove to be the death of cinemas.
Some believe that people will be less likely to travel miles out of their way, to sit in a stuffy theatre with other noisy people, when they can just watch content from the comfort of their own homes.
No Time to Die was expected to be the biggest release of this year, and it was meant to prove that audiences would be willing to still go to the cinema for new releases.
If Netflix had bought the film, we might never get to see if that assessment was accurate – and cinema as we know it could’ve died that very day. Well, maybe that’s a bit melodramatic, but you get my point.
Thankfully, Netflix passed on the film, and No Time to Die is now scheduled to be released on the 2nd April, 2021. If the film proves to be a box office success, then there is still some hope for the film industry – a light at the end of a long, dark tunnel.
About the Author
