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Direct From Hollywood with Ryan Seacrest: The Kpop Demon Hunters Creators Just Got a Massive Payday · Direct From Hollywood with Ryan Seacrest

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Speaker 1: Direct from Hollywood with Ryan Seacrest.
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Speaker 2: Typically, being established in Hollywood is beneficial when you're signing
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Speaker 2: a deal a contract to make something original, But every
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Speaker 2: now and then, being the new kid on the block
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Speaker 2: with a totally unproven idea can end up working out
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Speaker 2: in your favor. That's what just happened with the creators
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Speaker 2: of K Pop Demon Hunters.
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Speaker 1: Yeah, so it's two co directors, Maggie King and Chris
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Speaker 1: Applehon's weren't exactly major players when they pitched the movie
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Speaker 1: to Sony, but it was obviously a good enough idea
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Speaker 1: for Sony to jump on board.
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Speaker 3: But Sony didn't foresee the popularity that would come because
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Speaker 3: once the movie hit Netflix literally is shattered streaming records,
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Speaker 3: becoming the most watched film ever.
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Speaker 2: It's still regularly in their top ten movies, not to
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Speaker 2: mention the massive merchandise sales that go with it too.
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Speaker 2: But Sony chose not to put any terms in the
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Speaker 2: director's contracts in regards to a sequel, and that's now
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Speaker 2: officially in the works.
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Speaker 1: Yeah, they're getting fifty million across five years and a
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Speaker 1: piece of the huge merchandise sales, which even retroactively includes
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Speaker 1: the original movie aka.
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Speaker 2: Payday, so they're going back in time to pay them
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Speaker 2: to and well deserved. Kapap Demon Hunters is on Netflix
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Speaker 2: that's direct from Hollywood.