The economics of Netflix is so different that it’s a much more complicated process to figure out how to handle sequels.
Netflix movie sequels aren’t even really a thing that exist yet.
And with the Greg Rucka still writing the next part of The Old Guard, a sequel would be a ways off even if it were to happen.
Films like Bright and Murder Mystery have seen sequels get the go-ahead, but neither has even begun production yet.
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