Netflix has acquired the worldwide rights to the animated film “Next Gen” for $30 million, an individual with knowledge of the deal told TheWrap.
The animated feature is directed by Kevin R. Adams and Joe Ksander. The worldwide distribution deal does not include China. The film features the voice cast of Jason Sudeikis, David Cross, Michael Peña and Constance Wu.
CAA Media Finance Group negotiated the deal that is one of the biggest deals to come out of the Cannes Film Festival so far.
“Next Gen” tells the story of two unlikely friends in a robot-filled world. The movie is based on the original comic 7723 by Wang Nima from Baozou, and Baozou is the producer and financier of the film.
Netflix pulled out of submitting films to the Cannes Film Festival this year after organizers implemented a new rule that bans any films that don’t have theatrical distribution in France. The streaming company had the option to screen films out of competition.
Deadline first reported the news.
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This year’s festival will bring controversial films, auteurs at the top of their game and at least one mega-blockbuster to the Croisette
The 2018 Cannes Film Festival will showcase 21 films in competition, another 16 out of competition, 18 in Un Certain Regard, more than two dozen in Cannes Classics and others in the independent Directors’ Fortnight and Critics’ Week sections. Among the riches, here are some that stand out.