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Eddie Murphy's much-anticipated Coming to America sequel, Coming 2 America, was sold by distributor Paramount Pictures to Amazon Studios for a reported $125 million.
The sale was made to Amazon Studios as more theaters face bankruptcy amid ongoing closures during the coronavirus lockdown.
Paramount Pictures weighed numerous options for the movie's Christmas premiere -- including selling the rights to Viacom's steaming service CBS All Access.
The expected streaming premiere date is December 18, sources tell Variety.
The original Coming to America, starring Murphy, Shari Headley and John Amos, grossed $300 million in theaters worldwide.
In the sequel, Prince Akeem is set to become king of the fictional African country of Zamunda when he discovers he has a son in America. Akeem learns he fathered the boy, named Lavelle, with a Queens, NY native (Leslie Jones).
Akeem and his loyal assistant Semmi (Arsenio Hall) depart for America to find Akeem's son, whom he has never met. Apparently, Akeem kept the NY Yankees bomber jacket he purchased during his first trip to Queens in 1988.
The movie's supporting cast includes Jermaine Fowler (Lavelle); Tracy Morgan, and Wesley Snipes.
Coming 2 America was filmed on location in Atlanta, Georgia.
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Anthony Mackie has confirmed his character Sam Wilson will become the first Black Captain America in Disney Plus's upcoming series The Falcon and The Winter Soldier.
Chris Evans originally portrayed the iconic superhero in 2011's Captain America: The First Avenger, but his character Steve Rogers passed his iconic shield on to Mackie's Sam Wilson to take the mantle of Captain America at the end of Avengers: Endgame.
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Speaking at the premiere of Altered Carbon, the 41-year-old actor, who is Black, confirmed to website shadowandact.com he'll take on the "daunting" task of "being a black man and becoming Captain America".
Mackie said he thinks America is ready to welcome a Black Captain America superhero.
"At this day and age in America, I think we are open-minded to the idea of having my face represent us, as a country," Anthony said. "And my race represent us as a country because we're truly a melting pot. So there is no distinctive look or feel or design of an American. We're all Americans."
Mackie suggests his Captain America won't reflect his African roots or be too ethnic.
"To be Captain America, I want my Captain America to represent everybody. Not just a specific group of people."
The star also hinted fans will get to know Sam more in the Disney series, which launches in August.
"You really get to know Sam Wilson. You really get to know Bucky Barnes, as individuals and human beings and their thoughts and feelings. So I'm excited for people to see that part of Sam," he said.
He continued: "These shows are very different than the movies. These shows are art pieces. They are individual… They're not origin stories. They're more a day in the life story."
Shonda Rhimes is leaving ABC Network after inking a lucrative new deal with online streaming network Netflix. She will be joined at Netflix by fellow executive producer Betsy Beers.
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Netflix stock took a tumble on the news that Netflix ended its deal with movie distributor Epix.
The deal, which runs through September, means Netflix will lose the rights to stream Hollywood blockbuster titles such as "The Hunger Games," "48 Hours" and "Selma".
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