The Midnight Library Secures $70M Cannes Deal
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- The Midnight Library – a fantasy drama film starring Florence Pugh and directed by Garth Davis, is being sold by Studiocanal for roughly $70 million.
- Paramount – along with Focus and Sony, is bidding for domestic and select international rights, while Studiocanal retains its core territories.
- Studiocanal – together with Blueprint Pictures, has secured the project with a screenplay by Laura Wade and Nick Payne, and plans pre‑production this fall and shooting in early 2027.
- Cannes – the market expects the deal to become its biggest transaction, surpassing previous records such as Amazon’s Pumping Black deal.
- Florence Pugh – will portray Nora Seed, a character who explores alternate lives in a library between life and death, based on Matt Haig’s novel that has sold 15 million copies worldwide.
Why it matters: Studiocanal secures a $70 M sale, boosting its cash flow, while Paramount, Focus and Sony commit to acquiring rights that will shape their 2027 release slate and drive global box‑office earnings.
