Streaming giant Netflix has bought worldwide rights to Martin Scorsese’s upcoming film The Irishman .
No figures have been announced on the value of the deal but according to a report in Indiewire, which industry sources later confirmed to Variety , Netflix has acquired the rights once held by Paramount in North America and STX Entertainment in the rest of the world (for which the latter had paid $50 million in 2016).
The change of backer is thought to have been a result of the disappointing box office performance of Scorsese’s most recent film Silence . With a $46-million production budget, Silence has so far netted just over $7 million in the U.S. Guardian News and Media Service
