Fans React to Knives Out 3’s Record-Breaking Budget on Netflix

According to reports, Netflix’s budget for Knives Out 3 is significantly higher than the original movie’s production cost.

The original Knives Out movie was released with a production budget of $40 million and went on to gross over $310 million at the global box office.

According to The InSneider, the highly-anticipated third installment of the Knives Out franchise, titled Wake Up Dead Man: A Knives Out Mystery, will reportedly have a budget that exceeds the 2019 movie by a significant margin. Netflix is said to be investing $210 million into the film, making it their most expensive production to date. Currently, the most expensive film on Netflix’s roster is The Gray Man, which was made with a budget

According to a report by UK publication Film Stories, the budget for Knives Out 3, which was shot in the UK and applied for tax credits, will likely be disclosed in the future.

Daniel Craig and Janelle Monae in Glass Onion

Upon the news spreading, fans were left puzzled, and one individual even commented on a DiscussingFilm post, stating that films like this should not have a budget of $200 million, as evidenced by the budget of the original.

“Is this a Marvel movie?”someone joked in a different Twitter/X thread, referencing the same situation.

Another individual stated that these exorbitant expenses will most likely lead to another increase in Netflix’s prices in the near future. They reassured others by saying, “Rest assured, this cost will ultimately be reflected in your subscription fee.”

In March 2020, Netflix and director Rian Johnson announced a collaboration and signed a massive $469 million deal for two Knives Out sequels, following the success of the first movie.

The agreement is said to have granted Johnson extensive creative freedom and secured the return of Daniel Craig for all future installments. Furthermore, it ensured that both sequels would have a budget of at least $40 million, matching the cost of the 2019 film.

According to individuals who were interviewed by The Hollywood Reporter, the Netflix agreement could result in Johnson, his producing partner Ram Bergman, and Craig each earning over $100 million. This significant earnings could possibly account for the substantial budget allocated for the production of Knives Out 2.

Rian Johnson revealed that production had concluded in mid-August 2024, but the specifics of the release date have yet to be disclosed at the time of writing.