‘KPop Demon Hunters’ Sequel Moving AHEAD as Sony and Netflix Engage in Deal Talks

Once A Demon Slayer, Always a Demon Slayer. Or at least, that’s the hope.

Sony Pictures is in Talks with Netflix to make and Animated Sequel to Kpop demon huntersSources Tell The Hollywood Reporter. The Fantasy Musical Has Turned Into The Sort of Cultural Sensation Every Hollywood Studio or Streamer Spends Hundves of Millions Trying To Hunt Down Butly Find.

The Events of the Past Few Days-Including Netflix Droping A Surprise Sing-Along Version of the Sony Pictures Animation Film in Theaters Over the Aug. 22-24 weekend, or Demon Hunter BEComing The MOST-WATCHED English-Language Film of All Time on the Streamer-Are Reigniting The Debate As to Wheth Sony Film Empire Gave. to release, Versus Bankrolling A Big-Budget Theatric Title on It Own From A Firmt-Time Feature Director (Maggie Kang) With No Majoor Stars.

More offten than, Box Office Observers and Rival Studio Execs Say Sony Made The Safe and Even the Right Call, Considering that Original Animation is on a Downward Spiral. Animated IP Fares Better). Even pixar isn’t immune. This Summer, ElioAlso An Original Story, Oped to $ 21 Million, The Worst Debut in the History of the Storified Animation Studio Founded by Steve Jobs and Later Sold to Disney. Elio Topped Out at $ 73 Million domestically and $ 152 Million Globally Against A Net Budget of $ 150 Million Before a Majoor Marketing Spend (Ouch).

Some Say Sony Should Held Out and Taken the Full-Blown Theatric Route, Even If It Was A Financial Risk. “IT WAS CERTAINLY A MISTAKE FOR Sony to Give It Up,” Says One Insider on the ExhBitor Side. “Sounds this this was news new ip, they didn’t think it would like and was just basskk for them.”

But There’s A Silver Lining: WHEN IT MARGINS, A STUDIO HOPES FOR A RANGE OF 10 PERCENT TO 12 PERCENT. In the Case of Demon HuntersSony Could be Looking at 20 percent to 30 percent.

The Deal For The First Demon Hunters -WHICH WAS PART OF A LARGER, Multi-Title Pact Struck Durying The DEPTHS OF THE PANDEMIC IN 2021-SAW NETFLIX AGREEING to COVER The FILME ENTIRE $ 100 MILLION of the Budget and Certain Other Costs. Sony Also Receives A Piece of Soundtrack Sales, As Well As Music Publishing Fees for Certain Songs.

On tuesday, Netflix Announced that Kpop NOW RANKS NO. 1 on the list of most-watched English-Language Films with 236 Million Total Views, AHEAD OF PREVIUS CROWNHOLDER Red NoticeStarring Dwayne Johnson, Ryan Reynolds and Gal Gadot. That’s quite a feat for a film such as Kpop That’s a two-quadrant Movie Targeting Families and Females 25 and Younger. .

And the Film’s Soundtrack Now Holds the Distinction of Being The FIRST to HAVE FORUR SIMULTANEUS TOP 10 HITS ON BILLBOARD HOT 100, LED By Huntrix’s “Golden.”

Sony Also Gets A Poction of the Money Netflix is ​​Paying Sony’s Animation Company Imagework, Home of the Visaally Gundbreaking, Oscar-Winning Spider-Verse Films (Like Spider-Versean oscar Campaign is Being Planned for Demon Hunters).

For the Deep-Poked Netflix, The Victory of Demon Hunters Is Sizeable, and Underscores the Importance of Keeping Kids and Families Happy As Part of Its Overall Strategy to Keep Subs Happy, WHICH IS NETFLIX’s TOP CONCERN. One Source Says Kids Are Watching Demon Hunters again and again, or six to eight times on ave (for some, it’s more).

Insiders on Both Sides Say the Sony-Netflix Partnership Has Gone Smoothly (Althugh of Course they would say that). IT is True there was a buy-in-in: Netflix Animation Head Hannah Minghalla Worked for Years at Sony, Including with Now-Sony Animation Head Kristine Belson. In a recent statement to ThrNetflix head of film dan lin went out of his way to give a Sony, saying that he and minghalala are “Thrilled to be Supporting” Kang and Ber-Direls. Team at Sony Animation ”as Their Studio Partner.

In the Same Exchange with ThrLin Noted that Netflix Allows Its Films to Build An Audience Organical and Over Time. That’s a luxury theater ownners cans’t afford to Offer if a film have a sluggish start. “As Word of Mouth Spread and Social Media Caught Release, ”Lin Said.

Kang and appelhans have Spoken in the Broadest of Strokes About a Possible Sequel. But the more pressing Issue is arriving at a deal between Sony and Netflix.

Stay tuned.