I’ve been excited about Greta Gerwig’s "Narnia" movie ever since it was announced as her follow-up to "Barbie." But I’ve also been curious if Netflix’s promises to bring it to theaters would hold, considering the streamer’s poor reputation for putting its movies on big screens. This week, "The Magician’s Nephew was officially moved from the 2026 movie schedule to early next year, and it will have a big showing in theaters. After learning about the movie’s alleged budget, I totally see why Netflix decided to give it a true theatrical run.
Hollywood journalist Matthew Belloni spoke on his podcast "The Town" with Bloomberg’s Lucas Shaw, and they spent some time discussing what’s going on with "The Magician’s Nephew." According to Belloni, the upcoming "Narnia" movie is reportedly “one of the most expensive Netflix movies ever made”. Considering other big-budget movies from the streamer have cost in the neighborhood of $200 to $300 million, I reckon a theatrical release for one of the most anticipated book-to-screen adaptations would certainly help it make more money rather than simply going to streaming.
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