Deadline.com is reporting that New Line, producers of the latest Shaft sequel – mooted by some sources to be titled Son of Shaft – have made a deal with Netflix to fund half the $30m budget in exchange for international rights. The deal reportedly means Netflix will be able to stream the movie just 2 weeks after its release.
The movie is due to begin production in December. Since it was announced that Jessie T. Usher would star and reports suggested the involvement of both Samuel L. Jackson and Richard Roundtree, no further announcements on casting have been made.
I am keeping track of all updates on this project here.