EXCLUSIVE: In a last fevered auction before the holidays, Netflix prevailed and paid high six figures for First Ascent, a genre script by Colin Bannon with a female lead set in the world of mountai…
at Hopscotch Pictures. The deal closed Friday night, when, sources said, there were eight bids on the table — some with acting or director attachments — between studios, financiers and streamers. Netflix put a big offer on the table with a ticking clock, and the writer’s reps — Verve, attorney Leslie Abell and Chew, who is Bannon’s manager — closed the deal right before the offer expired. More offers were expected had the auction lingered and played out today.
Scott Free, which had its home studio Fox/Disney and Netflix as its territories, got a foothold in that it is producing, another genre script by Bannon that Netflix bought earlier this year and so Chew and Bannon had a solid relationship with Scott Free’s Pruss.
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