By Evan DeSimone
Netflix will reportedly invest $50 million in “Okja” the upcoming Korean film from “Snowpiercer” director Bong Joon Ho.
While the streamer has become famously adept at producing original television content, it only recently delved into feature films. To date, it’s largest investment in the space has been “War Machine,” a military satire starring Brad Pitt to which Netflix contributed a reported $60 million. It was produced by Pitt’s production company Plan B Entertainment, which is also set to co-produce “Okja.” It will be the first Asian film in which Netflix has invested heavily. A search is reportedly still underway to for an actor to play the lead, but Oscar-winner Tilda Swinton, who recently starred in Bong’s “Snowpiercer,” is set to co-star along with Jake Gyllenhaal, Paul Dano and Bill Nighy.
Last month, Netflix simultaneously released writer/director Cary Joji Fukanaga’s war drama “Beasts of No Nation,” starring Idris Elba, on its streaming service worldwide and in a limited number of theaters in the U.S. Netflix has also backed a number of non-fiction films including “Virunga,” executive produced by Leonardo DiCaprio, which received an Oscar nomination for Best Feature Documentary earlier this year.