- Rian Johnson and Daniel Craig could each make “upwards of $100 million” for Netflix’s “Knives Out” sequels, THR reported.
- Netflix struck a deal last week reportedly worth more than $400 million to make two sequels.
- See more stories on Insider’s business page.
“Knives Out” director Rian Johnson and star Daniel Craig are set to make bank for Netflix‘s sequels to the hit 2019 mystery-comedy.
Johnson, his producing partner Ram Bergman, and Craig could make “upwards of $100 million each” for the sequels, The Hollywood Reporter’s Borys Kit reported on Tuesday.
Netflix did not immediately reply to a request for comment.
Deadline first reported last week that Netflix landed two sequels to “Knives Out” in a deal worth “north of $400 million.” THR’s report has the figure at $469 million.
The studio Lionsgate released the first “Knives Out” to critical and box-office success, striking a 97% Rotten Tomatoes critic score and grossing $311 million worldwide off of a $40 million production budget. Johnson was also nominated for an Oscar for best original screenplay.
But Johnson and Bergman could license the franchise on a picture-by-picture basis, according to Deadline. The pair “questioned the near-term viability of theatrical releasing” in January and, hoping for a summer production start, shopped sequels to other potential buyers, according to THR.
The deal gives Johnson “immense creative control,” and Netflix’s only demands were that Craig star in the sequels and they have at least the $40 million budget of the first movie, according to THR’s report.
Netflix has been beefing up its library of original franchises and “Knives Out” gives the streaming giant an already-proven hit property to expand.
Disclosure: Mathias Döpfner, CEO of Business Insider’s parent company, Axel Springer, is a Netflix board member.
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