Why is 'The Cloverfield Paradox' on Netflix and not in theaters?

Why is 'The Cloverfield Paradox' on Netflix and not in theaters? The Cloverfield Paradox is being hailed as the movie equivalent of Beyoncé’s “Lemonade,” a comparison that’s technically accurate while also kind of misleading. Announced during the Super Bowl, The Cloverfield Paradox, directed by Julius Onah, is the latest installment in J.J. Abrams‘ Cloverfield franchise. https://www.nehans.net/why-is-the-cloverfield-paradox-on-netflix-and-not-in-theaters/