Netflix picks up Martin Scorsese, Robert De Niro project The Irishman

Netflix has now become a dominant force in film as well as TV, and today it acquired worldwide right to one of the biggest films in the Hollywood pipeline. Indie Wire reported that Scorsese's The Irishman, which is set to star De Niro and Al Pacino, i picked up by Netflix.

Titled The Irishman and set to be released in 2019, the film is an adaptation of the book I Heard You Paint Houses, which chronicles the exploits of Frank "The Irishman" Sheeran, a high-ranking mob hitman.

The film will mark De Niro and Scorsese's ninth time collaborating.

Upcoming films from Paramount include Baywatch, Ghost in the Shell, and Transformers: The Last Knight. The negotiations were continuing late into the day Tuesday, and at 5 PM it was still at Paramount Pictures, which still has its $15M deal domestic rights.

According to IndieWire, The Irishman is a $100 million film. If Scorsese finds success with Netflix, then what's stopping the likes of Tarantino, the Coen brothers, or Christopher Nolan from testing the streaming waters? It's not as insane as you might think. The streaming service has cavernously deep pockets, and is known not to meddle with auteurs-especially someone as iconic as Scorsese. "This way, he can make the project he wants", a source says, referencing the studio's president Brad Grey making plans to step down. However, we sincerely hope a substantial theatrical roll-out is planned as seeing a new Scorsese film for the first time from our couch just wouldn't feel right. Several major theaters have boycotted Netflix's strategy, maintaining that it depresses turnout if viewers can watch a new release online in the comfort of their own homes, rather than spend money to see it at a theater.

A release date has yet to be announced.

Netflix hopes Scorsese's film will do the same.

Since Idris Elba's performance in Beasts of No Nation, The Irishman should be Netflix's best chance at an Oscar nomination and win at the Academy Awards.

  • Jacqueline Ellis