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Apple & Warner Bros Down To Wire On ‘Emancipation’ At Virtual Cannes; Bids In Record Setting $130 Million Gross Range

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deadline.com
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Mike Fleming Jr Co-Editor-in-Chief, FilmEXCLUSIVE: It is a close race down to the wire on Emancipation between Apple and Warner Bros, and when the dust settles, sources said that there will be a record breaking deal for a festival pre-buy, as the bidding is in the $130 million vicinity from a gross standpoint, with around $110 million net.

This is leaps and bounds higher than any festival acquisition deal I can recall. CAA Media Finance and FilmNation Entertainment is brokering.I hear Apple has the edge, but the auction isn’t over.

Read more on deadline.com
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