Regal, the country's largest theater chain, has wasted no time in slamming a historic deal to release The Weinstein Co.'s Crouching Tiger, Hidden Dragon sequel simultaneously on Netflix and in select IMAX theaters around the world, circumventing the normal theatrical release.
Crouching Tiger, Hidden Dragon: The Green Legend will make its debut Aug. 28, 2015. When announcing the deal Monday night, Netflix said it will be the first of several major films to be given a day-and-date release on Netflix and in some Imax theaters.
"At Regal Cinemas, presenting movies on a grand scale is our promise to movie fans as we work to continually enhance the moviegoing experience. We recognize that there is a tremendous slate of films scheduled for release in 2015 and we couldn’t be more excited by the prospects," Regal spokesman Russ Nunley said in a statement.
"While a home video release may be simultaneously performing in certain IMAX locations, at Regal we will not participate in an experiment where you can see the same product on screens varying from three stories tall to 3” wide on a smart phone. We believe the choice for truly enjoying a magnificent movie is clear," he continued.
Regal operates 86 IMAX locations.
SEE ALSO: 'Crouching Tiger 2' Is Coming Out Only On Netflix And IMAX — And That Could Be The Future
