Netflix shocked the film world last week when the streaming giant announced it was purchasing the rights to two “Knives Out” sequels from writer-director Rian Johnson in a deal worth a reported $400 million.
Now some specifics of the deal are coming into focus in a new story published by The Hollywood Reporter.
According to THR, Netflix “inked a dagger-driving $469 million deal” to land Johnson and Ram Bergman, his producing partner at T-Street, for “Knives Out 2” and “Knives Out 3.”THR reports the deal gives Johnson full creative control of the “Knives Out” franchise, adding, “He doesn’t have to take notes from the streamer.
The only contingencies were that Craig must star in the sequels and that each must have at least the budget of the 2019 movie, which was in the $40 million range.
Sources say that Johnson, Bergman and Craig stand to walk away with upwards of $100 million each.”IndieWire
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