James Bond Film ‘No Time to Die’ Gets Offer Of $600 Million From OTTs

Amid the ongoing coronavirus situation, it’s hard to predict when everything will get normal just like before. The entertainment industry is facing a tough time and big releases are pending amid the outbreak. One such movie is James Bond’s No Time to Die.

Big OTT players like Apple and Netflix are in the race to get exclusive rights to present No Time to Die to their digital customers. For those who don’t know, the movie was supposed to arrive on the big screens in April last year.

But due to multiple reasons, the movie could not make it to the cinema till now. But, the makers are planning to release the movie in November before it got pushed to 2021.

Over the same, an MGM spokesperson told a media channel that they don’t want to comment on anything on the ongoing rumors over social media. No Time to Die is not for sale to any platform or individual, said the spokesperson.

The movie’s release has been delayed until April 2021 in order to protect the theatrical experience for the audience, said the person.

But, many insiders at rival organizations and companies said that a potential possibility of a sale was examined overtly, and consider that MGM was at most concise open to the opportunity of discharging their movie on OTTs.

The studio was said to be looking for a contract of roughly $600 million from the potential buyers. This price tag was considered too expensive for two of the streaming services which are not profit-making as of now.