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Steven Soderbergh’s 'Black Bag' Heads to Peacock After Box Office Struggles

The mid-budget spy thriller starring Michael Fassbender and Cate Blanchett will begin streaming on May 2 following a disappointing $37 million global theatrical run.

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Michael Fassbender as George Woodhouse in glasses sitting down while looking up in Black Bag
Steven Soderbergh.
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Overview

  • Steven Soderbergh's 'Black Bag' will debut on Peacock on May 2, less than two months after its March 14 theatrical release.
  • The film, starring Michael Fassbender and Cate Blanchett, earned $37 million globally, failing to recoup its $60 million production budget.
  • Soderbergh expressed frustration over the film's poor box office performance, citing challenges in attracting adult audiences to theaters.
  • The director hinted at a diminishing market for mid-budget films, noting that such projects are becoming increasingly rare in the industry.
  • Soderbergh reaffirmed his reluctance to pursue large-scale or awards-focused projects without genuine creative inspiration.