Berlin: Netflix Signs $55 Million Global Deal for 'The Pale Blue Eye'

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Netflix takes worldwide rights on Christian Bale/Scott Cooper film 'The Pale Blue Eye' for a reported $55 million at Berlin's European Film Market.

The film focuses on an attempt to solve a series of murders that took place at the U.S. Military Academy at West Point in 1830. Oscar-winner Bale reunites with Cooper, director of the 2017 Western Hostiles, playing a veteran detective who investigates the murders, helped by a young-cadet who will later become world-famous author, Edgar Allan Poe. Cooper penned the screenplay, an adaptation of the Louis Bayard novel of the same name.

Netflix outbid several competitors to secure worldwide rights to the film. CAA Media Finance and Endeavor Content handled domestic sales on—which Netflix picked up last summer in a worldwide deal after the film was unable to be released in theaters because of COVID-19—are producers onproducer John Lesher and Cross Creek’s Tyler Thompson.

The film is set to begin principal photography this fall after Bale's duties on Taika Waititi's Marvel movieand the untitled David O Russell movie, both of which are currently in production. The streaming giant has been on a buying spree at this year's all-virtual European Film Market, previously signing a pair of 8-figure deals: paying a reported $15 million for North America and Latin America rights to Colin Firth World War II movieproducer See-Saw and Cohen Media Group, and dropping $18 million for U.S. rights to Liam Neeson-Laurence Fishburne action-thrillerThe Pale Blue Eye

 

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