Berlin: Netflix Signs $55 Million Global Deal for 'The Pale Blue Eye'

Christian Bale  Scott Cooper - H 2016
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Christian Bale  Scott Cooper - H 2016

Christian Bale will re-unite with 'Hostiles' director Scott Cooper for the Gothic horror-thriller, which CAA Media Finance, Endeavor Content, and MadRiver were selling at Berlin's European Film Market.

Netflix has closed another major deal at the European Film Market, dropping a reported $55 million for worldwide rights to the Christian Bale Gothic horror-thriller The Pale Blue Eye from director Scott Cooper (Crazy Heart, Black Mass).

The film focuses on an attempt to solve a series of murders that took place at the U.S. Military Academy at West Point in 1830. Oscar-winner Bale reunites with Cooper, director of the 2017 Western Hostiles, playing a veteran detective who investigates the murders, helped by a young-cadet who will later become world-famous author, Edgar Allan Poe. Cooper penned the screenplay, an adaptation of the Louis Bayard novel of the same name.

Netflix outbid several competitors to secure worldwide rights to the film. CAA Media Finance and Endeavor Content handled domestic sales on The Pale Blue Eye, with MadRiver handling international.

Cross Creek, producers of The Trial Of The Chicago 7 —which Netflix picked up last summer in a worldwide deal after the film was unable to be released in theaters because of COVID-19—are producers on The Pale Blue Eye. Bale and Cooper with produce together with Birdman producer John Lesher and Cross Creek’s Tyler Thompson.

The film is set to begin principal photography this fall after Bale's duties on Taika Waititi's Marvel movie Thor: Love And Thunder and the untitled David O Russell movie, both of which are currently in production.

The streaming giant has been on a buying spree at this year's all-virtual European Film Market, previously signing a pair of 8-figure deals: paying a reported $15 million for North America and Latin America rights to Colin Firth World War II movie Operation Mincemeat from The King’s Speech producer See-Saw and Cohen Media Group, and dropping $18 million for U.S. rights to Liam Neeson-Laurence Fishburne action-thriller The Ice Road in a deal with CAA Media finance.

Deadline first reported the news of the Netflix The Pale Blue Eye deal.