Netflix beat out eight other studios that were attempting to win the rights to the story including Amazon Studios, Warner Bros, Universal.
MWM Studios, Fox 2000, New Regency, Gaumont, and Apple (who was hoping to turn the story into a TV series).
Deadline reports that Netflix’s winning bid is in the six figure range against seven figures if the film actually gets made.
Matt Reeves will develop the project as a produce for his 6th & Idaho banner, his next film as a director will be Warner Bros.’
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