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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

‘Cloverfield 4’ Reportedly Complete and Ready to Hit Theaters This October

Fans might go from “not much Cloverfield” to “a whole lotta Cloverfield” in just a few short months! In early January, we learned that the release date for the yet-to-be titled third entry in the Cloverfield franchise was delayed (again) to April of 2018. The original release date for that film was scheduled for way back in February of 2017. It then got pushed to October, 2017 and then February 2018 before landing on its final (?) release date this April. Now, according to a special report, the fourth Cloverfield film will hit theaters just six months after the third one premieres!
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‘Cloverfield’ Spin-Off Release Date Moved Once Again; Will Now Debut in April 2018

There are very few things that you can count on in life, but one of them is that the still untitled Cloverfield 3 film (originally titled The God Particle) has once again moved its release date.  

HNN reported in July that Paramount Studios decided to move the film from October 2017 to February 2, 2018.  It was originally supposed to hit theaters in February of 2017.

In preparation for HNN’s Winter Movie Preview, Horror News Network contacted Paramount to confirm that the untitled film, with no poster or trailer with less than a month to go before its release date would indeed be released on February 2nd (and it appears that we weren’t the only ones wondering about this lack of promotional materials for the Cloverfield spin-off). read more

Paramount Releases Teaser Trailer for ‘Annihilation’ Starring Natalie Portman

Paramount Pictures have just dropped a clip that will make you think twice before entering the wilderness! Annihilation is an upcoming sci-fi horror movie that was written and directed by Alex Garland (Ex Machina). The story is based on a book by Jeff VanderMeer. In the new teaser trailer for the film, we see Natalie Portman’s character begin to encounter trouble in an unusual quarantined location known only as “Area X.” You can watch the entire clip below:

One thing’s for sure, given the pedigree of the filmmaker, the cast, and this tension-filled trailer, Annihilation is shaping up to be a movie that will end up on many must-see lists! The film will also star Oscar Isaac, Gina Rodriguez, Tessa Thompson, and Jennifer Jason Leigh. It hits theaters on February 23rd, 2018. Stay tuned to Horror News Network for more details on Annihilation as they break! read more

Paramount Releases New ‘mother!’ Promo Clip Entitled “get out”

A couple of months ago, the phrase “Get Out” was thrown around quite a bit here at Horror News Network in reference to Jordan Peele’s highly successful film of the same name which debuted in January. We reviewed it (twice), we analyzed it, we praised it whenever we got the chance. It’s that good. Now another highly anticipated horror film is also capitalizing on this classic horror phrase, which has been a favorite since the release of When a Stranger Calls!

Paramount Pictures have just uploaded a new short clip to promote Darren Aronofsky’s mother! Taking the title’s refusal to capitalize its first letter one step further, the clip is entitled (lowercase) “get out.” No exclamation point! read more

Full-Length Official Trailer Released for Darren Aronofsky’s ‘Mother!’

Last week’s mysterious 30-second teaser clip for Darren Aronofsky’s highly anticipated film, Mother!, certainly asked more questions than it answered. Fortunately, Paramount have just unveiled their official full-length trailer for the upcoming thriller, which stars Jennifer Lawrence and Javier Bardem.

The new clip shows that this film will have a lot more in common with Aronofsky’s previous works like Black Swan and Requiem for a Dream than his most recent project, Noah. The clip features numerous disturbing images and situations, and some scenes delve into the sort of abstract terror Arnonofsky is known for. Some parts of the clip throw off a serious Rosemary’s Baby vibe as Lawrence’s character begins to uncover the secrets of her lover and his new guests. read more

David Fincher to Direct World War Z Sequel Starring Brad Pitt

Last summer, a rumor began circulating that David Fincher- one of the finest directors of our time- was being wooed by his longtime collaborator, Brad Pitt, into directing a sequel to 2013’s World War Z. Fincher’s aversion to mainstream blockbusters and his highly selective filmmaking process made the rumor seem unlikely at the time, but now it sounds like he is very close to making a deal to direct the film!

Variety reports that the project was put on hold so that Pitt could finalize his divorce from Angelina Jolie, but now Paramount Studio’s CEO, Jim Gianopulos, is eager to greenlight the film within a couple of weeks. Gianopulos has a relationship with Fincher that extends beyond his current role in the studio. They’ve collaborated in the past on Fight Club and Gone Girl. Production is expected to begin during the first quarter of 2018. read more

Terminator Sequel Removed from Paramount Release Schedule

Terminator fans were excited to learn in January that James Cameron is planning to return to the franchise with Deadpool director, Tim Miller, in 2019. At the time, we reported that Cameron will regain certain rights to the franchise due to a copyright reversion which will occur 35 years after the release of the original 1984 film. On Monday, Paramount removed a planned sequel to 2015’s Terminator: Genisys, entitled Terminator 3 (Now that’s some interesting numbering!), from it’s release calendar. The film was originally scheduled for June 29th, 2018. read more

Horror Movies Are Secretly Saving Hollywood’s Major Film Studios

What do four of the six highest grossing major film studios of 2016 have in common? They each released a horror film that made enough money to compensate for another big budget box office flop on their roster.

Hollywood accounting is “creative” to say the least, but the general rule of thumb is that a tentpole film needs to earn two times its estimated budget worldwide in order to outweigh production and marketing expenses and begin to make money.

According to Box Office Mojo, Sony’s The Magnificent Seven earned approximately $160.4 million on an estimated budget of $90 million. Ghostbusters (2016) earned approximately $229 million on an estimated budget of $144 million.  read more