Netflix has acquired Paramount and Nickelodeon's The SpongeBob Movie: Sponge on the Runfor international markets, excluding China where the streaming giant has no presence.
Domestically, the film is bypassing a theatrical release and will instead debut on premium VOD in early 2021 before soaking up an exclusive spot on CBS All Access, ViacomCBS previously said.
In Canada, the movie is understood to get a theatrical release and will then also be streaming on Netflix. The film had originally been scheduled to hit the big screen on Aug.
7 and was among the first batch of Hollywood event movies scheduled to play in reopened theaters. Variety was the first to report the deal.
Read more on hollywoodreporter.com
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