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EXCLUSIVE: STX Entertainment will distribute Martin Scorsese’s and Netflix’s The Irishman after all. In China, along with Media Asia. The agreement came as part of a negotiated deal that happened months ago with Netflix after a brouhaha that occurred with distribution rights on the high-profile mob movie that teams Robert De Niro, Al Pacino, Joe Pesci, Harvey Keitel and others for the first time.
In Cannes two years ago, STX slapped down a record-breaking $50 million to take international rights off the table (and away from other bidders) from Mexican financier and Fabrica de Cine’s Gaston Pavlovich, before questions arose about whether the rights were free and clear.
STX - New - Year - Rockin - Eve
STX has already distributed New Year’s Rockin’ Eve as well as the Golden Globes show in China (in partnership with Tencent). The company recently announced the co-production of Steel Soldiers with Alibaba. But most importantly is the box office success of the Jackie Chan-starring The Foreigner, which was an English-language co-production for STXfilms and Chan’s Sparkle Roll Media. The Foreigner, which STX distributed there, also opened during the coveted Golden Week in China in September, taking advantage of the influx of moviegoers during the National Holiday and going on to gross more than $81M in the Middle Kingdom, a good number for a Chan movie that falls outside his traditional action comedies.
So Netflix’s biggest film to date is likely to be released theatrically in the Middle Kingdom — a territory where the streaming service has no presence other than sublicensing some product to iQiyi, and the biggest in terms of box office outside of North America. It will likely be one of the few theatrical releases for the film as we know Netflix plans to release in the U.S. in about 10 markets and also in the U.K.
There is an expectation that after the...
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