Netflix Lands Todd Haynes’ Buzzy Cannes Competition Film ‘May December’ In Splashy $11M North American Rights Deal
deadline.comEXCLUSIVE: After an old-style all night auction, Netflix is finalizing an $11M deal for North American rights to May December, the Todd Haynes-directed drama that stars Julianne Moore and Natalie Portman.
It is far and away the big deal of Cannes so far, and a deal of this size ought to send a jolt of optimism that the North American marketplace for Cannes films is still alive and well, after a slow start here.
The deal is being finalized by CAA Media Finance and UTA Independent Film Group, with Rocket Science brokering international deals.
The film premiered at Cannes last Saturday evening, and received an 8-minute standing ovation and positive notices. It is most unusual for Netflix to take North American rights, so this is an exceptional situation.
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