Will Smith‘s star power is unwavering.
Find out how and why the actor’s pull at the box helped him close a deal worth over $120 million below…
After the global health crisis forced organisers to cancel the film festival, Smith and his collaborator Antoine Fuqua stepped into Cannes digital realm days ago to find a home for their movie ‘Emancipation’.
The movie tells the tale of an enslaved African man who hatches a dangerous but inspiring plan to find a freedom in a world poisoned by chattel slavery. His character is to be based on the life of a man named “Whipped Peter”.
Once there, the men received a number of offers from companies keen to bag the movie and use it to drive consumers and their wallets into their pockets.
Now it has emerged that Apple came out on top.
The winning bid? $105 million. That figure glides over the $120 million mark when “back end gross buyouts” are taken into consideration.
Proof, that even after almost thirty years in the business, Smith stands as one of the most bankable actors in Hollywood.
Experts with inside knowledge of the deal say it is “the largest film festival acquisition deal in film history”.
A due date for the release will be announced shortly.