Online streaming service Netflix is teaming up with The Weinstein Company to release its first original film Crouching Tiger, Hidden Dragon: The Green Legend.
The sequel to Ang Lee-directed Crouching Tiger, Hidden Dragon will be released simultaneously in select IMAX theaters and on Netflix on August 28, 2015, reported Ace Showbiz.
The upcoming movie starring Michelle Yeoh is said to be one of "several" major films that will be released in this manner.
"Fans will have unprecedented choice in how they enjoy an amazing and memorable film that combines intense action and incredible beauty," said Ted Sarandos, chief content officer at Netflix.
TWC co-chairman Harvey Weinstein said, "The moviegoing experience is evolving quickly and profoundly, and Netflix is unquestionably at the forefront of that movement. 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."
The sequel is directed by Yuen Wo-Ping, the director of Tai Chi Master and martial arts choreographer for the Matrix trilogy and Kill Bill.
Yeoh will reprise her role as Yu Shu-Lien, and Donnie Yen will star as Silent Wolf.
Glee star Harry Shum Jr, Jason Scott Lee, Roger Yuan, Eugenia Yuan and newcomer Natasha Liu Bordizzo are also among the cast. Filming is currently underway in New Zealand.
The first Crouching Tiger movie earned an Oscar for best foreign language film and was also nominated for best picture at the 73rd Academy Awards.