Exclusively from Deadline; Netflix has partnered with New Line on a deal that they are say could “potentially change the model for how certain urban-themed movie get financed and distributed.” Sources say that New Line and Netflix are nearly closed on the untitled Shaft reboot. Netflix will pay more than half the film’s high $30 million budget, in exchange for international rights and the ability to put the film on its streaming outside the U.S. two weeks after New Line releases theatrically in the United States.
The film will follow a traditional domestic roll out from theatrical to SVOD and DVD through Warner Bros. The acceleration of availability to ancillary overseas is a major change in the back and forth as film companies try to shrink theatrical windows.
Roundtree is set to reprise his role and production will begin in December.
Note from the Writer: Though they are calling this a reboot, I don’t see it that way. By definition a reboot is a “