Rating: ⭐⭐⭐½ (3.5/5)
Six years. After six long years, Tommy Shelby is back. And this time, he's not just a gangster—he's a myth. The cinematic conclusion to Steven Knight's iconic British series, "Peaky Blinders: The Immortal Man," has finally arrived on Netflix. Streaming began on March 20, 2026, following a limited theatrical release on March 6, 2026.
The question is: does this serve as a worthy farewell to Tommy Shelby's story, or is it an unnecessary final chapter? Let's find out.
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🎬 At a Glance: Quick Facts
| Feature | Details |
|---|---|
| Title | Peaky Blinders: The Immortal Man |
| Theatrical Release | March 6, 2026 (Select Theaters) |
| Netflix Release | March 20, 2026 |
| Director | Tom Harper |
| Writer | Steven Knight |
| Runtime | 1 hour 52 minutes |
| Genre | Crime, Drama, Historical |
| Rating | R (US) / 15A (UK) |
| Language | English (Dubbed in Hindi, Tamil, Telugu available) |
| IMDb Rating | 6.8/10 |
| Rotten Tomatoes | 93% (Based on early reviews) |
🎭 The Cast: Who's Who
| Actor/Actress | Character | Role Description |
|---|---|---|
| Cillian Murphy | Tommy Shelby | The protagonist—the legendary leader of the Peaky Blinders, now living in seclusion |
| Barry Keoghan | Duke Shelby | Tommy's illegitimate son, now the new leader of the Peaky Blinders |
| Rebecca Ferguson | Collow | A mysterious Romani woman, twin sister of Duke's mother Zelda |
| Tim Roth | John Beckett | A British officer with Nazi sympathies, mastermind behind the counterfeit note conspiracy |
| Sophie Rundle | Ada Shelby | Tommy's sister, now a Member of Parliament |
| Stephen Graham | Hayden Stagg | Trade union leader, ally of the Peaky Blinders |
| Packy Lee | Johnny Dogs | Tommy's childhood friend and loyal companion |
| Paul Anderson | Arthur Shelby | Tommy's brother (in flashbacks/references) |
📖 The Story: Tommy Shelby in 1940
The film opens in 1940. World War II is at its peak, and Nazi bombs are falling on Birmingham. Tommy Shelby (Cillian Murphy) has imprisoned himself in a dilapidated mansion, haunted by the ghosts of his past. He is writing his memoirs, accompanied only by his loyal friend Johnny Dogs (Packy Lee).
But peace doesn't last long. His sister Ada (Sophie Rundle) brings him devastating news: his illegitimate son Duke Shelby (Barry Keoghan), introduced in the sixth season of the series, has become the new leader of the Peaky Blinders—and he is aligning himself with the Nazis.
Operation Bernhard: A Real Historical Conspiracy
The film's central plot is based on Operation Bernhard—a secret Nazi German plan during World War II in which concentration camp prisoners were forced to forge British pound notes in an attempt to destabilize the British economy.
Tim Roth's character John Beckett approaches Duke to execute this conspiracy. Duke, struggling with his father's legacy and disillusioned with the world, accepts the offer.
The Mysterious Collow
Meanwhile, a mysterious Romani woman named Collow (Rebecca Ferguson) enters Tommy's life. She is the twin sister of Duke's deceased mother Zelda, and claims she can communicate with her sister's spirit. Collow confronts Tommy with the darkest secret of his past—a revelation that explains why Tommy is so consumed by guilt: he killed his own brother Arthur.
🔍 Critical Analysis: What Works and What Doesn't
What Works: The Strengths
1. Cillian Murphy's Magnificent Performance
There's no debate—Cillian Murphy is the heart and soul of this film. He delivers a version of Tommy Shelby that is more tired, more broken, yet still dangerous than ever before. One critic wrote, "Murphy has left everything on the field." He brings an emotional depth in his final scenes that may be unprecedented in the series.
2. Barry Keoghan's Rising Star
Barry Keoghan presents a complex, contradictory character as Duke. He is simultaneously a ruthless gangster and a broken child yearning for his father's love. The Irish Independent described his performance as "sometimes electrifying."
3. Stylish Direction and Cinematography
Director Tom Harper has crafted a film worthy of the series' grandeur. The slow-motion sequences, magnificent costumes, and depiction of war-torn Birmingham are all top-tier. The musical choices are excellent, featuring new compositions by Greann Chatten of Fontaines D.C. and Amy Taylor of Amyl and the Sniffers.
4. A Poignant Conclusion
Though heartbreaking, the film's ending serves as a fitting farewell to Tommy Shelby's character. Tommy's death scene, his will, and Duke honoring his final wish—all of it carries significant emotional weight.
5. Historical Context
The film skillfully incorporates real historical events such as the Birmingham Blitz (the Nazi bombing campaign of 1940) and Operation Bernhard. The film is dedicated to the 53 munitions workers killed during the Birmingham Blitz.
What Doesn't Work: The Weaknesses
1. Too Many Characters, Too Little Time
The biggest criticism is that two hours is insufficient to do justice to so many characters. New characters—Collow, Beckett, Duke's associates—don't have enough time for development. One critic noted, "The film feels like a season of television compressed into two hours." Talented actors like Rebecca Ferguson and Tim Roth perhaps didn't receive as much material as they deserved.
2. Underwhelming Villain
Tim Roth's Beckett is set up as a formidable antagonist, but the character lacks the depth of previous adversaries like Oswald Mosley. According to one review, "The writing falters in the middle and final sections, especially around the antagonist."
3. Feeling Like a Series Without the Series
Many fans felt the film exists as an entity separate from the series. The absence (or mere referencing) of beloved characters like Arthur, Polly, Finn, and Lizzie leaves the film feeling somewhat incomplete.
4. Comparison to Season 6's Ending
Some critics believe that the series' Season 6 finale—where Tommy burns all his possessions and rides away on a horse—served as a better farewell to Tommy Shelby. Zaki Hasan of the San Francisco Chronicle wrote, "Though this new installment is thoughtful and poignant, it doesn't improve upon the graceful ending the series gave Tommy Shelby four years ago."
5. Excessive Sentimentality
While the original Peaky Blinders series balanced action, style, and emotion, this film's emphasis on Tommy's self-reflection and guilt sometimes feels excessive. The New York Times called it "less swaggering masculinity, more agonized self-examination."
📊 Ending Explained: Tommy Shelby's Final Chapter
Spoiler Warning: Detailed information about the film's ending follows.
Duke's Change of Heart and Ada's Death
Beckett orders Duke to kill Ada because she is building a case against the Peaky Blinders' activities. Duke refuses. In response, Beckett shoots Ada himself.
The Final Confrontation at Liverpool Docks
Tommy, with the help of Hayden Stagg (Stephen Graham), plans to destroy Beckett's shipment of counterfeit notes. Duke convinces Beckett that he has betrayed his father, but in reality, he is helping Tommy.
Tommy's Death
As Tommy destroys the counterfeit notes, Beckett draws a gun on Duke. Duke explains that he made his decision by flipping a coin—but the coin fell against him, and he chose to do the right thing anyway.
Beckett attempts to flee, but Tommy shoots him. However, Beckett's escaping car strikes Tommy. Duke tries to save his father, but Tommy is critically injured.
Knowing he is dying, Tommy asks Duke to finish him. After an emotional moment, Duke fulfills his father's final wish. Tommy's last words are: "In the bleak midwinter" —a line from a Christmas carol.
Funeral and Will
The film ends with Tommy's funeral and the reading of his will:
"My car to Johnny Dogs, my booze to The Garrison pub, my horses to anyone who has no use for them, my bullets to anyone with no name to write, and my guns to anyone who has no need of them. Once, I almost had everything. But 'almost' doesn't count. But through all of it, I had my family. We are together now, wherever we are placed."
Tommy's final wish was to be cremated. Duke burns Tommy's body along with the counterfeit notes, stepping into his new role as 'Rom Baro' (the Romani king).
🌟 The Future: A Spin-Off Series in Development
Although this film marks the end of Tommy Shelby's story, the Peaky Blinders universe is far from over. Steven Knight has confirmed that a new series centered on Duke Shelby is in development, set in the 1950s—decades after Birmingham emerged from the Blitz.
The series will consist of two seasons, each with six hour-long episodes. Steven Knight stated:
"I'm thrilled to announce this new chapter of the Peaky Blinders story. It will once again be based in Birmingham and will tell the story of a city rising from the ashes of the Birmingham Blitz. A new generation of the Shelby family has taken the wheel, and it's going to be a hell of a ride."
💭 Verdict: Should You Watch It?
Watch It If:
You're a Peaky Blinders fan and want to see the conclusion of Tommy Shelby's story
You want to enjoy Cillian Murphy and Barry Keoghan's brilliant performances
You appreciate stylish crime dramas and historical thrillers
You're prepared for an emotional, contemplative ending
Skip It If:
You haven't watched the Peaky Blinders series—the film won't have the same impact without it
You consider the Season 6 finale the perfect ending and don't want it altered
You're expecting an action-heavy film—this one is slower and more emotional
You want to avoid graphic violence and emotionally heavy content
🎯 Final Thoughts
Peaky Blinders: The Immortal Man is a film that knows its limitations well. It preserves the series' grandeur and style but can't do justice to all its characters within the two-hour runtime. Nevertheless, Cillian Murphy and Barry Keoghan's performances, the magnificent cinematography, and the heartbreaking ending make it a memorable experience.
As Nick Schager of The Daily Beast wrote: "A vibrant sendoff for a superlative underworld saga, and particularly for a ruthless and tortured gangster who, in Murphy's expert hands, has become an undisputed icon of crime fiction."
Saying goodbye to Tommy Shelby is difficult. But if goodbye must be said, then in this manner—amidst fire and ashes, with the memories of his family—is perhaps the most fitting way.
Final Rating: ⭐⭐⭐½ (3.5/5)
Essential for Peaky Blinders fans, but keep your expectations balanced.
❓ Frequently Asked Questions
Q: Do I need to watch the series before the film?
A: Absolutely. The film is set six years after the events of Season 6, and knowledge of the previous storylines is essential to understand it.
Q: Does Tommy Shelby die in the film?
A: Yes. Tommy dies at the end of the film, and his body is cremated according to his final wish.
Q: Is Arthur Shelby in the film?
A: No, Paul Anderson does not appear. However, the film reveals that Tommy himself killed Arthur.
Q: Is the film based on true events?
A: The central plot—the Nazi plan to forge British notes (Operation Bernhard)—is based on a real historical event.
Q: Is there a spin-off coming?
A: Yes. Steven Knight has announced a new series centered on Duke Shelby, set in the 1950s.
Q: Where can I watch it in Hindi?
A: The film is available on Netflix with Hindi dubbing.
Have you watched Peaky Blinders: The Immortal Man? What do you think about Tommy Shelby's ending? Let us know in the comments below!
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