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Apple TV+ has announced the theatrical release plans for its highly-anticipated film, ‘Killers of the Flower Moon’, directed by Martin Scorsese and starring Leonard DiCaprio, Robert De Niro, Jesse Plemmons, Lily Gladstone, Brendan Fraser, and more. The film is set to debut worldwide in theaters in October 2023.
‘Killers of the Flower Moon’ is the first Apple Original Film to have a wide theatrical run before heading to the Apple TV+ streaming service. The movie will premiere in theaters in limited release on October 6 before being screened worldwide from Friday, October 20. Rumors suggest that the film may premiere at the Cannes festival in May, but it’s not yet confirmed.
Apple has not announced when the movie will become available on Apple TV+. However, the typical 45-day theatrical exclusivity window means that it will probably be on the service by Christmas.
Paramount is handling the theatrical distribution of ‘Killers of the Flower Moon’ as the project originated at the studio. However, Paramount ultimately bailed out due to Scorsese’s spiraling budget costs. Apple then secured production rights to the film, taking on the estimated $200 million budget. As part of the deal, Apple and Paramount agreed to a 10% distribution fee for the movie’s theatrical run.
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Last week, Bloomberg reported that Apple plans to spend about $1 billion annually on movies that will go to cinemas first before hitting Apple TV+. The idea behind this is that wide theatrical releases will help build buzz and awareness for these big-budget films before they hit streaming. Apple will also recoup some of the production costs through box office ticket sales.
In addition to ‘Killers of the Flower Moon’, other upcoming titles this year, are likely destined for theatrical release, including Ridley Scott’s ‘Napoleon’ and the spy thriller ‘Argylle’. It seems that Apple is taking a bold step forward into the world of cinema, and we’re excited to see what else the company has in store for us.