Our Take:

Netflix content chief Ted Sarandos promised at the Television Critics Association winter tour in January that the streaming platform would not employ a TV movie strategy with its film choices. They’ll be comparable to those in theater, he said. Well, here’s an example with “Beasts of No Nation” from “True Detective” director Cary Fukunaga. Variety reports Netflix bought the rights for $12 million and that it plans a major Oscar push for the film. Netflix already has film deals with Adam Sandler and the Duplass Brothers.

In a move to bolster its status as a top tier, Netflix has worldwide bought rights to Cary Fukunaga’s African war drama ” Beasts Of No Nation,” starring Idris Elba, for its global streaming service and theatrical release. The streaming service paid $12 million for the rights. more to come…

Read More at Variety

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