Paramount Buys 'The Midnight Sun' Rights for $30 Million at Cannes as Florence Pugh Stars
Updated
Updated · Hollywood Reporter · May 29
Paramount Buys 'The Midnight Sun' Rights for $30 Million at Cannes as Florence Pugh Stars
1 articles · Updated · Hollywood Reporter · May 29
More than $30 million will send Matt Haig adaptation "The Midnight Sun" to Paramount after the studio moved to secure one of Cannes' biggest market deals.
Garth Davis is set to direct and Florence Pugh to play Nora Seed, a woman navigating a magical library between life and death that reveals alternate versions of her life.
StudioCanal, which is backing the project, will handle distribution in the U.K., France, Germany, Italy, Poland, Benelux, Australia, New Zealand and South Africa, with Paramount taking the rest of the world.
The film reunites Davis and Pugh after Netflix's upcoming "East of Eden" and adds another high-profile role for Pugh after "Thunderbolts*" and ahead of "Avengers: Doomsday".
As costs top $100 million, can Florence Pugh's new film justify its massive price tag for Paramount?
How will 'The Midnight Library' visualize the novel's infinite alternate realities for the big screen?
Why are major studios paying record sums for indie films instead of producing them in-house?