James Bond is always a good claim for movie theaters, a good afternoon of movie with popcorn on the couch at home and of course to be broadcast by services such as Netflix or Apple TV +. The biggest problem with everyone wanting the same thing is that the price of what we want skyrockets. Apple is willing to pay 400 million dollars. MGM wants more. It seems that at the moment there is no agreement, but it is intended that there be.
MGM asks for 600 million, Apple offers 400. At the moment there is no agreement but it looks like there will be.
Apple wants to tell the adventures of the most famous British agent in history. Apple TV + wants to be the home of James Bond even temporarily. The problem is that right now the owner of the rights to the film "No Time To Die" is asking for an amount of money that Apple does not want to pay at first. The film has been delayed a couple of times in its release date due to the pandemic. For now now there are no signs that it could be released in theaters.
This assumes that the producer's earnings are limited and One of the solutions is to "rent" the rights to streaming companies for a year. However, neither Netflix nor Apple TV + are willing to pay the amount of 600 million dollars for one year that is requested. Especially because it comes from the experience of having obtained the rights to Tom Hanks' film for 70 million and for 10 years.
Now it has been known that Apple has offered MGM up to $ 400 million for the rights to broadcast the film. The producer has not agreed, but the debts are drowning it. Debts that continue to generate interest every month and that can only be mitigated when the film is released in theaters. The thing is, I don't think it's a bad idea to have a good amount of money in the short term. As they say, a bird in hand is better than a hundred flying.