The deal, which is currently in discussions, would have Luc Besson, perhaps best known for directing Léon: The Professional and The Fifth Element, direct and produce several movies for Netflix over the next few years.
It is, however, unknown at this time if the terms of the deal would allow EuropaCorp to produce films for other partners or whether the Netflix originals would only be English-language films.
According to Variety, the movies would fall under the Netflix originals distinction and would have budgets of around $30 million.
Beyond just having Luc Besson direct Netflix originals, the potential deal has expanded to include the streaming company possibly buying into EuropaCorp’s library, which includes the Taken and Transporter franchises and is valued at $186 million.