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Netflix Buys Rights For Universal’s ‘Extinction’

If you are a studio that happens to have a delayed science fiction film with touches of horror that has been delayed multiple times, it looks like you may be in luck!  In what appears to be a new trend for streaming giant Netflix, the company has announced that it has acquired Universal’s M.I.A film Extinction.

Variety is reporting that Netflix just bought the rights to Extinction (starring Michael Pena and Lizzy Caplan) for broadcast sometime later this year.

Extinction was originally scheduled for a November 2017 release, but Universal pulled the film from their schedule, and never updated the status of the project.  The film focuses on Pena’s character, as he begins to have “…a recurring nightmare of losing his family and that bad dream becomes a reality when the planet is invaded by a force bent on destruction. Fighting for their lives, he comes to realize an unknown strength to keep his family safe from harm.” read more

Paramount to Continue ‘Cloverfield’ Story Theatrically Despite Netflix’s $50 Million Purchase of ‘Paradox’

As the dust settles on the surprise release of The Cloverfield Paradox on Netflix, we are beginning to learn more and more about the inner workings of the Paramount franchise and where it will go from here. While the sale of the third Cloverfield film to Netflix’s streaming platform provided the studio with some much-needed instant revenue, it is being reported that the franchise will continue in cinemas.

The Hollywood Reporter‘s sources say that Netflix paid Paramount more than $50 million for the rights to stream The Cloverfield Paradox. Negotiations reportedly began over the holidays and were finalized in January in time for the major Super Bowl stunt we all witnessed on Sunday. The sale means that Paramount likely thought they couldn’t earn at least $50 million at the domestic box office, and the movie’s low critical reviews and mixed fan reaction suggests they probably made the right choice to sell the movie. The studio still plans to bring the movie to China, so it will be interesting to see how The Cloverfield Paradox performs on an open market. read more

‘The Cloverfield Paradox’: The Horror News Network Review

The Cloverfield Paradox premiered on Netflix almost immediately following its first trailer which aired during the Super Bowl. While the move was certainly unexpected, it makes sense that such an extreme shift in marketing and film distribution would be attempted by a franchise which all but founded counter-marketing strategies such as alternate reality games and MySpace profiles to promote 2008’s Cloverfield. Overall, when looking beyond the circumstances of The Cloverfield Paradox’s abrupt release, the movie offers up many new questions about the Clover-verse, and it ultimately lived up to my modest expectations for the film. read more

The Third ‘Cloverfield’ Movie is Streaming on Netflix RIGHT NOW

Well, I guess that settles the age-old question of “when will the next Cloverfield movie finally come out!?” Turns out The Cloverfield Paradox, aka Cloverfield 3, aka God Particle, will not hit theaters after all… but will instead stream exclusively on Netflix. The news was revealed alongside the only existing pre-release footage of the film during tonight’s Super Bowl commercials. When will the movie first be available for streaming? RIGHT NOW! What will the movie be about? WATCH THE CLIP! read more