NO TIME TO DIE: Talks Of A Streaming Debut Stalled After MGM Wanted $600 Million For A One-Year License

NO TIME TO DIE: Talks Of A Streaming Debut Stalled After MGM Wanted $600 Million For A One-Year License

Over the weekend, it was reported that No Time to Die could head to a streaming service, but more details appear to confirm that talks fell apart after MGM asked for a massive $600 million license fee!

COVID has wrecked any hopes of major studio films being released in 2020, and No Time to Die is one of the biggest casualties. The first blockbuster to move in response to the pandemic, it was recently shifted from November to next April, creating another chain reaction of release date changes in Hollywood.

Over the weekend, it was reported that MGM had considered a move to streaming for the next James Bond film, but Deadline has shared more details about why those talks ultimately stalled.

Meetings were held with Netflix, Apple, and Amazon with the hope of exploring a possible streaming debut, with the studio shopping around a $600 million one-year contract. That would mean one of those services would have exclusive rights to the film for a 365-day period, giving MGM the option to then shop it around again, while also exploring DVD/Blu-ray release options.

Streamers weren't willing to pay that, however, with only half of the sum being offered. No Time to Die producer Barbara Broccoli then nixed the idea completely, so a theatrical release is once again the plan.

Talks happened back in September before the movie was pushed from November, so it seems any chance of this happening have now gone out the window. MGM clearly hoped to recoup its costs with this $600 million premiere, but it wasn't worth spending that amount for an increase in subscribers.

Click HERE for more No Time to Die news from CBM!

DISCLAIMER: Comic Book Movie is protected under the DMCA (Digital Millenium Copyright Act) and... [MORE]
Related Headlines
NO TIME TO DIE: Will Latest JAMES BOND Movie Skip Theaters For Amazon? Producers Reveal Future Plans

NO TIME TO DIE: Will Latest JAMES BOND Movie Skip Theaters For Amazon? Producers Reveal Future Plans

It was confirmed yesterday that Amazon has acquired MGM, meaning the James Bond franchise will soon be part of the company's streaming platform. Does that mean No Time to Die is going to skip theaters?
Amazon Buys MGM Studios For $8.45 Billion, Acquiring JAMES BOND, ROCKY TOMB RAIDER, And More

Amazon Buys MGM Studios For $8.45 Billion, Acquiring JAMES BOND, ROCKY TOMB RAIDER, And More

It's been confirmed today that Amazon has acquired MGM for a whopping $8.45 billion, giving the streaming service access to iconic franchises such as James Bond, Tomb Raider, Stargate, and many more...
Amazon In Talks To Buy MGM, Giving The Streamer Access To The Entire JAMES BOND Franchise

Amazon In Talks To Buy MGM, Giving The Streamer Access To The Entire JAMES BOND Franchise

Amazon was among the streaming services that refused to pay for No Time to Die's streaming rights, but they're now bringing out the big bucks for a potential acquisition of MGM and its entire slate...
Latest Headlines
POP JEDI Reviews LOKI's First Episode Glorious Purpose And More!

POP JEDI Reviews LOKI's First Episode "Glorious Purpose" And More!

Pop Jedi returns with episode 17, and the team follows up last week's Loki retrospective with a review of the first episode of the new Disney+ series and some other exciting pop culture news!
KRAVEN Will Reportedly Face-Off With SPIDER-MAN Villain Chameleon In Solo Movie

KRAVEN Will Reportedly Face-Off With SPIDER-MAN Villain Chameleon In Solo Movie

An intriguing update on Sony Pictures' upcoming Kraven the Hunter solo adventure here, as Anthony Taylor-Johnson's title character will reportedly face-off against Chameleon! Check it out...
BOUNTIFUL GARDEN Comic Gets A First Trailer To Celebrate Its Upcoming Release

BOUNTIFUL GARDEN Comic Gets A First Trailer To Celebrate Its Upcoming Release

Here we have the first trailer and a few interior pages for Mad Cave Studios' upcoming Bountiful Garden sci-fi horror comic book that will be landing in Previews later this month! Take a look...
Anthony Mackie Returns As Captain America And Elizabeth Olsen Returns To Westview In New Hyundai Commercials

Anthony Mackie Returns As Captain America And Elizabeth Olsen Returns To Westview In New Hyundai Commercials

Two new Hyundai commercials have been shared online, and as well as featuring Anthony Mackie's second appearance as Captain America, we also return to Westview with WandaVision's sitcom Wanda Maximoff!
Jennifer Lopez To Star In New Netflix Sci-Fi Thriller ATLAS From RAMPAGE Director Brad Peyton

Jennifer Lopez To Star In New Netflix Sci-Fi Thriller ATLAS From RAMPAGE Director Brad Peyton

Jennifer Lopez recently signed a first-look deal with Netflix, and the Hustlers star's first project for the streamer will be a sci-fi thriller called Atlas from Rampage director Brad Peyton...
HELLRAISER Reboot Reportedly Casts GRAND ARMY Star Odessa A’Zion As Riley

HELLRAISER Reboot Reportedly Casts GRAND ARMY Star Odessa A’Zion As "Riley"

We have some news that'll tear your soul apart! Spyglass Media's reboot of Clive Barker's cult horror flick Hellraiser has reportedly found its lead, with Odessa A’Zion set to play "Riley."