In a deal worth over $50m, Paramount has offloaded The Trial Of The Chicago 7 to Netflix rather than releasing the film into cinemas itself.
Ever since it made a deal with the streaming giant to offload its planned theatrical release of The Cloverfield Paradox, Paramount has pretty regularly gone to Netflix as an avenue for films it no longer planned to release in cinemas.
It had certainly planned to release the one we’re talking about here, The Trial Of The Chicago 7, the new movie written and directed by Aaron Sorkin. The movie had been scheduled for the autumn, but given the uncertainty over this autumn’s cinema schedule, Paramount has opted to cut its losses, and has inked a deal with Netflix for the movie.
It’s believed to have sold the film to the streamer for just north of $50m, and the plan is likely to have the movie on the service prior to the US presidential election this November.
The film itself tells the story of protests at the 1968 Democratic National Convention in the US, and the subsequent trial of the organisers of said protest. The cast features Yahya Abdul-Mateen II, Eddie Redmayne, Sacha Baron Cohen, Joseph Gordon-Levitt, Alex Sharp, Mark Rylance, Michael Keaton, Frank Langella, John Carroll Lynch and Jeremy Strong.
More news on it as we hear it. Expect Netflix to release a trailer just prior to its launch date.
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