UPDATE: Crouching Tiger, Hidden Dragon sequel releasing to Netflix and theaters simultaneously

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UPDATE: According to the good folks at Variety, it looks like Weinstein Company’s deal with Netflix has rubbed some theater chains the wrong way. AMC, Regal, Cinemark, and Carmike have all refused to show the sequel. Each theater claims that a theater screen is the best to view the content and not one on smartphones. Check out the whole Variety article for all the little business details, but the important thing to note is these chains have taken a firm stance against day-and-date releases. Interesting stuff. 

Now this is something I didn’t see coming. First of all, we have some news on the Crouching Tiger, Hidden Sequel announced a bit ago. It’s titled Crouching Tiger, Hidden Dragon: The Green Legend (based on Wang Du Lu’s Iron Knight, Silver Vase which in turn inspired the title of my latest rap album, Dairy Queen, Rainbow Carnival) and will release to IMAX theaters in 2015. 

Now onto the crazy part. The sequel is set to release to Netflix Instant at the same time (with the word “exclusive” being thrown around like crazy) thanks to a deal signed by The Weinstein Company and Netflix. Just, wow. If this succeeds (and there’re no signs it won’t thanks to the current success of simultaneous VOD/Theater releases), just imagine what this could lead to. Crouching Tiger, Hidden Dragon: The Green Legend releases August 28, 2015. 

We’ve got our first look at Donnie Yen and Michelle Yeoh too! So cool.

[via Collider]