EXCLUSIVE: Netflix closed a $20 million deal on Hit Man, making the biggest deal at the 2023 Toronto International Film Festival and of the year for that matter. After the Richard Linklater-directe…
Heading into its final weekend, TIFF had been slow so far on the deal front, but this is the second big one for Netflix, with the Anna Kendrick-directedgetting a Netflix deal around $11 million. More deals should start flowing after this one was settled. It didn’t show until Monday because TIFF doesn’t premiere anything that premiered elsewhere until after the first weekend.
I’d heard bids lined up before the film premiered Monday, but that the sellers at CAA Media Finance which did the deal with AGC Studios and Cinetic Media waited until the premiere before beginning to field offers. AGC financedLinklater and Powell wrote a script loosely based on a Texas Monthly article by Skip Hollandsworth. Linklater said he read it back in 2001, but couldn’t find a handle until Powell suggested a good one.
The producers are Mike Blizzard, Linklater Powell, and Aggregate’s Jason Bateman and Michael Costigan. The exec producers are Stuart Ford, Zach Garrett, Miguel A. Palos Jr., Shivani Rawat, Julie Goldstein, Vicky Patel, Steve Barnett, Alan Powell, John Sloss, Scott Brown and Megan Creydt.
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