As a seasoned gamer with a soft spot for period dramas and a knack for sniffing out juicy industry news, I’m thrilled to see Emerald Fennell’s Wuthering Heights remake getting the green light from Warner Bros. The fact that they turned down Netflix’s staggering bid speaks volumes about their commitment to delivering this classic tale on the silver screen where it truly belongs.
In simpler terms, Emerald Fennell and Margot Robbie turned down a large offer from Netflix for distributing the remake of Wuthering Heights that Emerald Fennell was working on.
In July 2024, it became known that Fennell intended to take on the task of directing a modern adaptation of Emily Brontë’s timeless novel “Wuthering Heights,” first published in 1847. Both Robbie and Jacob Elordi have been chosen for the lead roles in this upcoming movie, with LuckyChap Entertainment, co-founded by Robbie herself, overseeing production. Additionally, MRC, a well-known studio for film and television projects, is also part of this exciting venture.
Who acquired the distribution rights to Wuthering Heights and why was Netflix’s bid rejected?
By the given deadline, the rights for distributing Fennell’s Wuthering Heights were purchased by the Warner Bros. Motion Pictures Group.
The article indicates that the studios’ offers were exceptionally large. Netflix was said to have submitted the highest bid, estimated at around $150 million, but Fennell and Robbie declined this proposal because they desired a genuine theatrical debut for the movie instead.
According to an article from Deadline, it’s believed that Warner Bros Pictures paid roughly half of the film budget for Wuthering Heights, but they have agreed to distribute the movie worldwide in theaters, investing in promotions and advertising (P&A) and receiving a share of profits if the box office sales are successful.
Warner Bros.’ Michael De Luca and Pam Abdy expressed their excitement about acquiring the rights to adapt Wuthering Heights. They are collaborating with MRC, Emerald Fennell, and LuckyChap for this project. From the moment they heard about Emerald’s unique vision for the film, and with a stellar cast featuring Margot Robbie and Jacob Elordi, they were immediately on board to work alongside this team to bring the movie to cinemas worldwide.
I’m thrilled beyond words to join forces with the exceptional crew at Warner Bros yet again, and I can’t wait to collaborate with MRC and LuckyChap once more!
Previously, Emerald Fennell garnered the Academy Award for Best Original Screenplay in 2020 for her directorial debut with Promising Young Woman. Her subsequent work was Saltburn, released in 2023, featuring Elordi. Both films were produced by LuckyChap Entertainment, who also backed Promising Young Woman.
A release date for Fennell’s Wuthering Heights has not yet been announced.
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2024-10-24 21:40