Today, Martin Scorsese’s highly anticipated movie “Killers of the Flower Moon,” which stars Leonard DiCaprio, Robert De Niro, Jesse Plemmons, Lily Gladstone, Brendan Fraser, and others, received the green light for a theatrical release.
The movie will make its theatrical debut in October 2023. The movie is the first Apple Original to play in a lot of theatres before being streamed on Apple TV+. On October 6, Killers of the Flower Moon will have a limited theatrical run before becoming available for viewing everywhere on October 20. Unconfirmed but also rumored is a May debut at the Cannes film festival.
Since the concept was developed within the studio, Paramount is in charge of its theatrical distribution. Due to Scorsese’s rising budgetary costs, Paramount ultimately decided to back out.
Bloomberg revealed last week that Apple intends to spend approximately $1 billion annually on films that will initially be released in theatres before being made available on Apple TV+. Wide theatrical releases are thought to help promote and raise awareness of these expensive movies before they go on stream. Apple will also partially recuperate some of the production expenses through ticket sales at the theatre.