Rebecca Rubin Film and Media ReporterNetflix has emerged victorious in a bidding war for director Lee Daniels’ next movie.Several Hollywood players, including MGM and Miramax, were vying for rights to the Oscar-nominated director’s upcoming project.
Netflix’s $65 million price tag — a hefty sum covering the film’s production budget and buyouts — secured the sale, according to Deadline Hollywood, who broke the news.The movie reunites Daniels and Andra Day, who recently worked together on Hulu’s musical biographical drama “The United States vs.
Billie Holiday.” Day will star alongside a buzzy cast that includes Glenn Close, Octavia Spencer, Rob Morgan, “Stranger Things” actor Caleb McLaughlin and “King Richard” breakout Aunjanue Ellis.
In addition to directing, Daniels is writing the screenplay with David Coggeshall and Elijah Bynum. The film does not have a title or official logline yet, but it will be based on a true horror story.
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