NTTD cost approaches $290M, B25 says

No Time to Die poster released Sept. 1.

The cost of No Time to Die was approaching $290 million as of mid-year, according to a U.K. regulatory filing.

B25 Ltd., in a Dec. 1 filing, put the cost at 213.9 million British pounds as of June 30 for a “work in progress.” The filing defines that as “costs incurred on film production for which the film has not yet been completed or delivered.”

At current exchange rates, that’s about $287.7 million.

Eon Productions formed B25 as part of the making of No Time to Die. The movie has been delayed multiple times, including twice because of the COVID-19 pandemic.

No Time to Die currently is scheduled for release in April 2021.

The filing also said the company received 95,487 pounds (about $128,600) as part of a U.K. job retention program. The payments were related to “furlough costs for payroll staff” from March to June 2020. The average monthly number of people employed was 25. The government payments were reported earlier this week by the Daily Mail.

Warner Bros. bets big on streaming for 2021

Warner Bros. logo

Warner Bros. plans to make its 2021 film slate available on the HBO Max streaming service the same day the movies are released in theaters, Variety reported.

The movies will be on HBO Max for 31 days. After that time, they will be only available in theaters until the normal home video window opens up, according to the entertainment-news outlet.

The films involved include a new version of Dune, directed by Denis Villeneuve (a one-time contender to direct No Time to Die); The Matrix 4; and Suicide Squad.

Warner Bros. is doing something similar with Wonder Woman 1984. That film opens in international theaters in mid-month but will be on HBO Max and theaters in the U.S. starting Dec. 25.

AT&T owns Warner Bros., HBO and HBO Max, the latter intended as a streaming competitor to Netflix.

Metro-Goldwyn-Mayer, the home studio of the James Bond films, reportedly had shopped No Time to Die to streaming outlets. No leasing deal took place. The 25th James Bond film currently has an April 2021 release date in theaters.

The novel coronavirus (COVID-19) has played havoc with movie release plans, with many films being delayed multiple times.