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Netflix Plans to Spend About $150 Million To Make a Michael Bay Movie Starring Ryan Reynolds

Actor Ryan Reynolds attends a speial screening of Deadpool 2 in New York City on May 14, 2018.
Actor Ryan Reynolds attends a speial screening of Deadpool 2 in New York City on May 14, 2018.
Hector Retamal/AFP/Getty Images

Remember how streaming video was supposed to lead to a golden age of independent cinema as new distribution models allowed studios and networks to take chances on rising talent and bold new ideas? Well, Deadline reports that Netflix is spending something in the neighborhood of $150 million to make a Michael Bay movie starring Ryan Reynolds. Where’s your messiah now, cinephiles?

The movie—or “action franchise,” as Deadline has it, despite the fact that it consists of zero movies so far, is called Six Underground and comes from a script by Paul Wernick and Rhett Reese. It’s described as a “high testosterone mission movie,” and Wernick and Reese know from high testosterone mission movies: they wrote Deadpool.

It’s not Netflix’s first dip into the big-budget market or the “high testosterone mission movie” market; the streaming network spent at least $90 million to make Bright, starring Will Smith, and is moving ahead on a sequel despite the film taking a critical drubbing. In that light, collaborating with Bay makes perfect sense: If the goal is to spend exorbitant sums churning out one unwatchable-but-inexplicably-profitable sequel after another, who better than the man behind the Transformers franchise?