Netflix to produce feature length Crouching Tiger, Hidden Dragon follow-up
Netflix is poised to further bolster its production credentials with its first foray into the world of feature films, with the release of a sequel to the Oscar winning Crouching Tiger, Hidden Dragon next year.
The streaming service has struck a deal with the Weinstein Company to continue the martial arts story for the exclusive use of Netflix, together with a limited release in Imax cinemas next August.
Crouching Tiger: The Green Legend will see the return of Michelle Yeoh as warrior Yu Shu-Lien although director Ang Lee will not be participating; instead passing the mantle to Chinese director Yuen Wo-Ping.
This follows hot on the heels of the critically acclaimed House of Cards remake which bolstered Netflix’s reputation as a creative force.
Harvey Weinstein, co-chairman of the Weinstein Company: “The movie-going experience is evolving quickly and profoundly, and Netflix is unquestionably at the forefront of that movement.
"We are tremendously excited to be continuing our great relationship with Netflix and bringing to fans all over the world the latest chapter in this amazing and intriguing story."
Netflix has enjoyed a boom in demand recently as it hits 50m subscribers, generating profits of $71m in the second quarter of 2014.