James Bond film No Time to Die might skip theaters and go straight to OTT. According to the reports the brand new addition to the Bond series and Daniel Craig’s last run as 007, No Time to Die which was initially scheduled for release back in April, has been April 2021.
The most highly anticipated movies of the year faced multiple release date delays. Following the MGM’s lead, many studios have pushed their major film release dates back to late 2020 or 2021.
Presently only Christopher Nolan‘s Tenet is the only blockbuster film to release in the theatres, but it did not perform nearly as well as hoped in the U.S. market.
According to the reports MGM is likely under pressure to skip theaters and sell No Time to Die to the highest bidder, which could be Netflix or Apple TV+. Now as per the reports the streaming platforms are trying to purchase the film for extremely large amounts of money.
No Time to Die reportedly has a production budget of $250 million, so the streaming bids would have to be exceptionally high to consider skipping a theatrical release.