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Paramount Pictures is reportedly paying around $36 million to acquire the hot Cannes film market title “The Midnight Library”.
StudioCanal, which is backing the feature, will distribute the film in the U.K., France, Germany, Italy, Poland, Benelux, Australia, New Zealand and South Africa, with Paramount handling the rest of the world.
Paramount is said to have beaten out both Focus Features and Sony for the North American and other global rights.
“Lion” and “Top of the Lake” filmmaker Garth Davis will direct the feature based on Matt Haig’s 2020 novel, which has sold 15 million copies, and has been adapted for the screen by Olivier Award winner Laura Wade (“Rivals”) and Tony nominee Nick Payne (“We Live In Time”).
Florence Pugh will star as Nora Seed, a woman who finds herself in a library between life and death with the chance to experience all the potential lives she could have lived.
“The Midnight Library” will enter pre-production this Fall, ahead of filming at the start of 2027. Pugh, Anita Overland, Graham Broadbent and Pete Czernin produce.
The project is the biggest deal out of the Cannes film market, topping the low $20 million deal for the Jonathan Bailey and Natalie Portman-led professional cycling drama “Pumping Black”.
Davis and Pugh recently worked together on the upcoming mini-series adaptation of “East of Eden” for Netflix.
Source: The Wrap
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