Before Eddie Murphy fans get the long-awaited sequel to Coming To America, the film is making a move from being shown first in theaters to streaming.
Film distributor Paramount Pictures is in the process of selling the film to Amazon Studios for $125 million, according to insiders and Variety. The move would prompt the film to hit Amazon Prime for streaming on December 18.
The final details are being pieced together and circle around two consumer marketing tie-ins with McDonalds as well as Crown Royal. Murphy, who produced and starred in the film, has to sign off on the sale.
The move is a priority for Amazon Studios following the acquiring the sequel to Borat as well as a Tom Clancy adaptation, Without Remorse set to star Michael B. Jordan and Regina King’s One Night In Miami which has some Oscar buzz behind it.
With the coronavirus pandemic forcing movie studios to switch release dates for blockbusters and other films, studios have now decided to either sell movies to streaming providers in order to recoup money back or push release dates to 2021….