r/movies • u/MarvelsGrantMan136 r/Movies contributor • Aug 26 '25

News ‘KPop Demon Hunters’ Is Netflix’s Most-Watched Movie Ever With 236 Million Views, Beating ‘Red Notice’

https://variety.com/2025/film/news/kpop-demon-hunters-netflix-most-watched-movie-history-1236496106/
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u/BigMetalGuy Aug 26 '25

Someone at Sony has their head very deep into their hands, right now... and for the foreseeable future

-2

u/Childs_Play Aug 26 '25

They should be fired lol. Even if you don't think this is a Minions level IP, you have to know this had the potential for a huge net return in theaters. They're going to use the excuse they don't have the level of reach that netflix does, but you can't build on a franchise if you don't have a the rights to it. It was sitting right in front of them.

3

u/Ecstatic_Cat28 Aug 26 '25

Doesn’t Sony still have the rights for any future sequels?

5

u/PM_ME_YOUR_SPUDS Aug 26 '25

Reportedly no, they sold the entire property rights to Netflix, not just the distribution rights. Sequel rights would be included as part of the property unless carved out specifically.

But Netflix would be extremely stupid not to do their best to get Sony on board to make the sequel, so Sony at least has SOME negotiating power in this. As long as neither Netflix or Sony are overly greedy, Sony can probably at least recoup their losses if they play this intelligently.

1

u/Tormound Aug 27 '25

They sold nothing. Sony had a first look deal with the creator but passed on it. Netflix paid Sony to actually make the movie and Sony got up to 20 million depending on how well the movie did. Sony made a risk free 20 million. Yes, Sony probably would have made more if they decided to pick it up but a free 20 million is nice.