Netflix Loses Out to Warner Bros. on Margot Robbie’s ‘Wuthering Heights’

Warner Bros. got the movie rights to “Wuthering Heights” by paying more than Netflix, even though they offered much less money. The project, which stars Margot Robbie and is being directed by Emerald Fennell, shows how film distribution is changing in a way that challenges the traditional power of streaming platforms.
Netflix first offered a $150 million deal, but Warner Bros. beat them to the project with a $80 million offer. Experts in the field say this result shows a larger trend of filmmakers preferring theatrical releases over deals with streaming platforms.
Erik Handler, an expert at Roth Capital Partners, said, “More and more directors and movie stars are saying ‘No thanks’ to Netflix.” The choice clearly shows that filmmakers want a full theatrical experience, complete with big marketing campaigns.
The change seems to be part of a bigger trend in the industry. Even well-known directors seek more standard ways to get their movies out there.
Netflix first offered a $150 million deal, but Warner Bros. beat them to the project with a $80 million offer. Experts in the field say this result shows a larger trend of filmmakers preferring theatrical releases over deals with streaming platforms.
Erik Handler, an expert at Roth Capital Partners, said, “More and more directors and movie stars are saying ‘No thanks’ to Netflix.” The choice clearly shows that filmmakers want a full theatrical experience, complete with big marketing campaigns.
The change seems to be part of a bigger trend in the industry. Even well-known directors seek more standard ways to get their movies out there.
- 11/6/2024
- by Naser Nahandian
- Gazettely
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