A global drama of the revolt of slaves The Birth of a Nation, which was released yesterday afternoon to several standing ovations, was bought by Fox Searchlight at the Sundance Film Festival from $ 17.5 million Rights. It is the largest in the history of Sundance purchase.
Searchlight beat escalating rates for The Weinstein Co, Netflix (which insisted on a debut day and date theatrical and streaming), Paramount and other suitors. Many films in the festival reached $ 10 million, which also includes Manchester by the Sea (purchased by Amazon earlier this week) and the way back (by Fox Searchlight in 2013).
Sales will show how wealthy giants like Netflix streaming and Amazon have altered the market Sundance. After streamers picked up several titles at amazing prices, Netflix helped push up the price of the birth of a nation in the auction.
Nate Parker wrote, directed and starred in the story based on Nat Turner, a slave born in the United States who led the most successful slave revolt in American history project.
Parker stopped performing for almost two years to work in Birth of a Nation and for the management of a way to finance the film, which also stars Armie Hammer, Jackie Earle Haley, Aja Naomi King and Gabrielle Union.