Mr. Greg Foster reports

NETFLIX ANNOUNCES FIRST ORIGINAL MOVIE, CROUCHING TIGER, HIDDEN DRAGON: THE GREEN LEGEND TO PREMIERE SIMULTANEOUSLY ON NETFLIX AND IN SELECT GLOBAL IMAXATRADEMARK THEATERS

Crouching Tiger, Hidden Dragon: the Green Legend, the stunning next chapter in the saga started by the critically and popularly acclaimed Ang Lee martial arts epic, will premiere exclusively on Netflix and in selected global Imax Corp. theatres on Aug. 28, 2015.

Produced by the Weinstein Company, Crouching Tiger, Hidden Dragon: the Green Legend echoes the themes of the original movie, but tells its own story -- one of lost love, young love, a legendary sword and one last opportunity at redemption, set against breathtaking action in an epic martial arts battle between good and evil that will decide the fate of the martial world.

Directed by the renowned martial arts choreographer (the Matrix Trilogy and Kill Bill 1 and 2) and director (Tai Chi Master) Yuen Wo-Ping, Crouching Tiger, Hidden Dragon: the Green Legend stars Michelle Yeoh (Crouching Tiger, Hidden Dragon, the Lady) reprising her role as Yu Shu-Lien and Donnie Yen (Ip Man 1 and 2, Monkey King 3-D) as Silent Wolf.

The film is to be the first of several major films backed by Netflix to premiere on the same day on the world's leading Internet television network and in select Imax theatres globally, giving consumers and exhibitors around the world unparalleled flexibility in how, when and where they enjoy a major motion picture.

"Fans will have unprecedented choice in how they enjoy an amazing and memorable film that combines intense action and incredible beauty," said Netflix chief content officer Ted Sarandos. "We are honoured to be working with Harvey Weinstein and a world-class team of creators to bring this epic story to people all over the world and to partner with Imax, a brand that represents the highest quality of immersive entertainment, in the distribution of this film."

"The movie-going experience is evolving quickly and profoundly, and Netflix is unquestionably at the forefront of that movement," said TWC co-chairman Harvey Weinstein. "We are tremendously excited to be continuing our great relationship with Netflix and bringing to fans all over the world the latest chapter in this amazing and intriguing story."

"Imax has a terrific opportunity, via this partnership with Netflix, to release Crouching Tiger -- a high-quality, action-packed film that is right in our wheelhouse -- at the end of the summer blockbuster season," said Greg Foster, senior executive vice-president, Imax, and chief executive officer of Imax entertainment. "We are particularly hopeful it will play in our highly successful China market. In territories where we simultaneously release with Netflix, we are excited to offer consumers the option of deciding how, when and where they want to view the film and exhibitors the opportunity to participate in this alternative form of content in a new and innovative way."

Based on the acclaimed novel, Iron Knight, Silver Vase, by Wang Dulu (book five in the Crane-Iron pentalogy) and written by John Fusco (Marco Polo), the new film is produced by Harvey Weinstein (Academy Award winner -- the King's Speech, the Artist), Peter Berg (Emmy Award winner -- Friday Night Lights, Lone Survivor, Hancock) and Sarah Aubrey (Friday Night Lights, Lone Survivor, Hancock) and executive produced by Morten Tyldum (Headhunters, the Imitation Game), Ralph Winter (X-Men franchise), Anthony Wong and Bey Logan (the Medallion).

Crouching Tiger, Hidden Dragon: the Green Legend also stars Harry Shum (Glee, Revenge of the Green Dragons), Jason Scott Lee (Seventh Son, Hawaii Five-O), Roger Yuan (Bulletproof Monk), Eugenia Yuan (Revenge of the Green Dragons) and newcomer Natasha Liu Bordizzo.

Principal photography is now under way in New Zealand. The film's director of photography is Tom Sigel (Drive, X-Men: Days of Future Past), and design is led by the Academy Award-winning Lord of the Rings team of costume designer Ngila Dickson, production designer Grant Major and visual effects supervisor Mark Stetson.

About Netflix

Netflix is the world's leading Internet television network with over 50 million members in nearly 50 countries enjoying more than one billion hours of TV shows and movies per month, including original series. For a low monthly price, Netflix members can watch as much as they want, any time, anywhere, on nearly any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

About the Weinstein Company

The Weinstein Company is a multimedia production and distribution company launched in October, 2005, by Bob Weinstein and Harvey Weinstein, the brothers who founded Miramax Films in 1979. TWC also encompasses Dimension Films, the genre label founded in 1993 by Bob. During Harvey and Bob's tenure at Miramax and TWC, they have received 348 Oscar nominations and won 82 Academy Awards.