Paramount COO Andrew Gumpert admits the studio sold The Cloverfield Paradox to Netflix over concerns about the movie’s “commercial playability.”
In addition to The Cloverfield Paradox, the studio also netted a Netflix distribution deal for Annihilation overseas.
This statement seems to confirm reports prior to The Cloverfield Paradox dropping on Netflix that the studio was seriously worried about the movie’s box office prospects.
Third instalment The Cloverfield Paradox appeared to be a troubled project from the outside; it was delayed numerous times, and rumors suggested Paramount weren’t happy with it.