Netflix buys Sundance hit Mudbound starring Carey Mulligan for $12.5 Million!

By Jeane - February 01, 2017

Former Pride & Prejudice star Carey Mulligan recently attended the premiere of her new film Mudbound at the 2017 Sundance Film Festival. Her film received an "enthusiastic standing ovation" at the festival according to Variety. It also reported that Netflix just bought a multi-territory rights to Mudbound, which will release it in theaters and online simultaneously here in the US.

More info. via Variety and new photos of CM from Sundance below...

Netflix Buys Sundance Drama 'Mudbound' for $12.5 Million

Netflix has closed on multi-territory rights to “Mudbound,” a drama about life in the segregated South starring Carey Mulligan, Jason Mitchell and Mary J. Blige.

The film premiered to an enthusiastic standing ovation at the Sundance Film Festival last weekend. But the movie’s substantial budget (north of $10 million) made a sale close slowly, after a bidding war failed to materialize. Even so, Netflix spend $12.5 million on the film, making it the largest deal to come out of Sundance 2017.

The streaming service will release “Mudbound” in theaters and online simultaneously in the United States. It plans to give the film an awards push, as the film’s Park City debut already sparked buzz for next year’s Oscars.

“Mudbound” stars Mulligan and Jason Clarke as a couple who relocate to rural Mississippi. Their lives become intertwined with a family of black sharecroppers, headed by Blige and Rob Morgan. Garrett Hedlund and Mitchell play returning war veterans whose shared battle experiences enable them to bridge a racial divide and form a friendship. “Mudbound” was directed by Dee Rees, who was previously at Sundance in 2011 with “Pariah.” It is adapted from the Hillary Jordan novel of the same name.

The deal gives Netflix streaming rights to “Mudbound” in England, Canada, Italy, South Africa, Iceland and throughout Asia, among other regions. Read full article here.