Netflix, Imax to simultaneously release “Crouching Tiger” hit action sequelSeptember 30, 2014 - 12:37 AMT PanARMENIAN.Net - In a dramatic rebuke of the traditional theatrical release, Netflix and The Weinstein Co. have signed a deal to release the sequel to Ang Lee's Crouching Tiger, Hidden Dragon simultaneously on Netflix and in select Imax theaters around the world, according to The Hollywood Reporter. Crouching Tiger, Hidden Dragon: The Green Legend will make its debut Aug. 28, 2015. Netflix said Crouching Tiger 2 will be the first of several major films to be given a day-and-date release on Netflix and in some Imax theaters. The company's chief content officer, Ted Sarandos, has long wanted to release movies day-and-date on Netflix and in theaters, something most exhibitors are unlikely to ever allow, meaning Crouching Tiger 2 may not play in Imax locations controlled by some of the major chains in the U.S. Indeed, Imax is making a bold move by partnering with Netflix. Produced by TWC, Crouching Tiger, Hidden Dragon 2 is directed by Yuen Wo-Ping, also a martial arts master. Michelle Yeoh reprises her role as Yu Shu-Lien, and Donnie Yen returns as Silent Wolf. “Imax has a terrific opportunity, via this partnership with Netflix, to release Crouching Tiger — a high-quality, action-packed film that is right in our wheelhouse — at the end of the summer blockbuster season,” said Greg Foster, senior vp of Imax Corp. and CEO of Imax Entertainment. He added that he is particularly hopeful it will play in China, where Netflix isn't available. "In territories where we simultaneously release with Netflix, we are excited to offer consumers the option of deciding how, when and where they want to view the film, and exhibitors the opportunity to participate in this alternative form of content in a new and innovative way," Foster continued. Crouching Tiger, Hidden Dragon was released in 2000 and went on to be nominated for best picture and win the best foreign language Oscar at the Academy Awards. It earned more than $213 million worldwide, including $128 million in the U.S. Top stories The creative crew of the Public TV had chosen 13-year-old Malena as a participant of this year's contest. She called on others to also suspend their accounts over the companies’ failure to tackle hate speech. Penderecki was known for his film scores, including for William Friedkin’s “The Exorcist”, Stanley Kubrick’s “The Shining”. The festival made the news public on March 19, saying that “several options are considered in order to preserve its running” Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |