Netflix Makes Deal for New Shaft Film With Samuel L. Jackson

What does Netflix's wallet say?

By Hope Corrigan

Netflix has reportedly cut a deal for the rights to the Shaft reboot featuring Samuel L. Jackson.

Deadline reports that in order to secure the international rights and allow it to stream the new film outside of the US just two weeks after it hits cinemas, Netflix may be fronting up over half of the film's $30 million budget.

While neither New Line or Netflix have commented on this alleged deal, sources claim that it has been in the works for several weeks and will not affect the American market. Instead, in the US the film will maintain a more traditional release trajectory from cinema to streaming services and physical media to avoid harming theatre chains.

This arrangement could be a new template for future similar films as it grants director Tim Story a larger budget to create the movie and Netflix can offer a new title to markets that may otherwise have to wait for a delayed release.

This Shaft reboot is currently untitled but is set to see members of the 2000 offering, Samuel L. Jackson and Richard Roundtree, return to the cast.

Hope Corrigan is an Australian freelance writer for IGN. You can follow her on Facebook and Twitter.

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