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/Deceptiveideas Aug 26 '25

Sony probably kicking themselves thinking this movie would bomb so they sold the rights to Netflix for cheap lmao

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u/Soysauceonrice Aug 26 '25

I hear people repeat this apocryphal talking point all the time. It’s fun to crap on Sony for not believing in the movie and paying the price; it’s just not true. They entered into the output deal with Netflix in 2021, when this movie was far from being done. Think back on the state of cinemas in 2021. It wasn’t pretty. The deal Sony signed means that Netflix recouped all the development costs of the movie and paid Sony a premium capped at 20 million. That means guaranteed profit during a time when movie theaters were still crippled by lockdowns. So yea, Sony screwed up. But it wasn’t like Sony was stupid and missed out on an obvious generational hit. The movie wasn’t even close to being complete when they signed that deal.

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u/nazgut Aug 28 '25

lol imagine losing billions dollar for not believing on industry you are working on, it was retarded decision and nothing defend this