No Time To Die Won T Go Straight To Streaming But Conversations With Netflix And Apple Did Happen

‘No Time To Die’ Won’t Go Straight To Streaming, But Conversations With Netflix And Apple Did Happen

By Hoai-Tran Bui/Oct. 26, 2020 7:30 am EST

MGM did not comment on the sales discussions, telling Variety through a spokesperson: “We do not comment on rumors. The film is not for sale. The film’s release has been postponed until April 2021 in order to preserve the theatrical experience for moviegoers.”

But it’s easy to see why MGM was considering the streaming release strategy. The studio reportedly lost between $30 million to $50 million due to the delays, and other studios like Paramount and Sony have slowed the financial bleeding by selling movies like Greyhound, Coming 2 America, and Without Remorse to streaming services. However, the complex web surrounding No Time to Die’s distribution rights was likely too much of an investment for streamers.

No Time to Die is still slated for theaters, with the current theatrical release date of April 2, 2021.