With the recent announcement that Jake Gyllenhaal, Tilda Swinton, Paul Dano, Bill Nighy and Kelly MacDonald will be casted in Netflix's latest movie production, 'Okja', a new monster film by Bong Joon-Ho. Netflix will be taking their luck to this new production by bidding, $50 million dollars. It might surely push through as Brad Pitt's production company, 'Plan B Entertainment', will also be co-producing this movie as per reports.
According to The Atlantic, as an international provider of on-demand online streaming media, they are aiming for an expansion outside United States. The Wrap has also reported that "Okja" will start its production in United States and South Korea in April 2016.
It was qouted in Variety.com that Bong Joon-Ho said in a interview that, "It really is a fantastic opportunity for me as a film maker," "For 'Okja,' I needed a bigger budget than I had for 'Snowpiercer' and also complete creative freedom. Netflix offered me the two conditions that are difficult to have in hand simultaneously," he said.
The Atlantic added that "It seems like an ideal scenario for big-budget art films, but it remains to be seen whether Netflix can sustain its huge financial outlays into cinema. While its first cinematic effort Beasts of No Nation made less than $100,000 in theaters, the company said it had been streamed more than three million times on Netflix."
"Snowpiercer" was reportedly made on a budget of $40 million. They also mentioned that "the film will focus on the unusual friendship between a young Korean girl and a monster named Okja who has a kind spirit." The first film are casted by stars like Chris Evans, Tilda Swinton, Jamie Bell, Song Kang-Ho, John Hurt, Ed Harris, Go Ah-sung, Octavia Spencer, Alison Pill, Ewen Bremner, Luke Pasqualino, Tomas Lemarquis, Steve Park and and other international celebrities.
The sci-fi film is expected to air in theaters second quarter of 2017.