In the first big purchase at the 75th Cannes Film Festival where deals have been going slow, Netflix has closed a deal for the worldwide rights of Emily Blunt starrer `Pain Hustlers`, a conspiracy film from David Yates.
According to Variety, an insider has revealed that the pact`s amount is in the USD 50 million range.
`Pain Hustlers` boasts a script by writer Wells Tower, and the film is produced by Lawrence Grey through his Grey Matter Productions banner and Wychwood Pictures.
The film`s logline tells that Blunt will play “a high-school dropout, lands a job with a failing pharmaceutical start-up in a yellowing strip mall in Central Florida. Liza`s charm, guts and drive catapult the company and her into the high life, where she soon finds herself at the centre of a criminal conspiracy with deadly consequences,” reported The Hollywood Reporter.
This deal comes as Netflix has been enduring some headaches of its own, like the drop in subscribers that triggered a stock sell-off, which led to layoffs and mounting scepticism about the streamer, as per Variety.
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