Studiocanal had a great Cannes.
The European producer/distributor closed major deals across its slate at this year’s Marche du Film, topped by a $30+ million deal with Paramount Pictures for its red-hot pre-sales title The Midnight Library, produced by, and starring, Florence Pugh.
As previously announced, Paramount won a bidding war to secure rights for North America and several international territories for the feature. Garth Davis is set to direct the fantasy drama, an adaptation of Matt Haig’s bestseller about a woman who finds a mystical library that allows her to explore the infinite versions of her life. Studiocanal will release The Midnight Library across their territorial footprint, including in France, Germany, the U.K. and Australia/New Zealand, with partners Scanbox releasing in Scandinavia, Sun Africa Group/MultiChoice in South Africa, and Filmcoopi in Switzerland. Production on the film is set for early 2027.
Studiocanal on Monday also confirmed it was in presale negotiations for its new Paddington animated film, which company CEO Anna Marash announced at CinemaCon in April. The animated feature will roll out alongside a planned fourth live-action Paddington, for which Armando Iannucci and Simon Blackwell are currently writing the screenplay.
