Craig is to star in two sequels to the 2019 “Knives Out” crime caper that will stream on Netflix in a multi-million dollar deal.

Netflix on Thursday said it had bought the rights to two follow up films that will reunite Craig with director Rian Johnson.

Variety and Deadline Hollywood said Netflix had paid between US$400 million and US$450 million for the rights to the two sequels, which would make it one of the biggest movie streaming deals ever.

Netflix declined to comment on financial details of the deal but said some reports were inaccurate.

“Knives Out,” an Agatha Christie-style murder mystery, starred Craig as debonair private detective Benoit Blanc along with a star cast including Jamie Lee Curtis, Chris Evans, Don Johnson, Ana de Armas and Christopher Plummer.

The Lionsgate film had a modest US$40 million budget and went on to make US$311 million at the global box office.

Craig, 53, will make the last of five outings as British secret agent Bond in “No Time To Die”, which is scheduled to arrive in movie theaters in October.