Exclusive: Netflix has come out on top in a red-hot auction for the film version of J.D. Vance’s lauded bestseller Hillbilly Elegy, which Ron Howard is directing and The Shape Of Water co-writer Vanessa Taylor is adapting.
Netflix will fully finance the pic to the tune of $45M. There were multiple high net worth backers in the mix and many other admirers but Netflix’s offer blew rivals away, I understand. By almost double. Not all of the $45M will go on production. A fair whack of that will go on fees. I gather there is a theatrical allowance here which could see the release potentially play out Roma-style. CAA brokered the pact, which is not part of this week’s Sundance deal-making.
Howard is directing and producing with his Imagine Entertainment partner Brian Grazer and the company’s Karen Lunder. Julie Oh is exec producer The idea is...
Netflix will fully finance the pic to the tune of $45M. There were multiple high net worth backers in the mix and many other admirers but Netflix’s offer blew rivals away, I understand. By almost double. Not all of the $45M will go on production. A fair whack of that will go on fees. I gather there is a theatrical allowance here which could see the release potentially play out Roma-style. CAA brokered the pact, which is not part of this week’s Sundance deal-making.
Howard is directing and producing with his Imagine Entertainment partner Brian Grazer and the company’s Karen Lunder. Julie Oh is exec producer The idea is...
- 1/25/2019
- by Andreas Wiseman
- Deadline Film + TV
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