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Berlin Market Wrap: Netflix Spending Spree, Indie Resurgence

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hollywoodreporter.com

Netflix, again, made all the headlines. The streaming giant closed out Berlin's European Film Market — an all-online affair this year that wrapped on Friday — with a jaw-dropping $55 million deal for worldwide rights to The Pale Blue Eye, a Gothic horror-thriller set in 1830 that will re-team star Christian Bale with his Hostiles director Scott Cooper.

Netflix won the bidding war for the project — set to begin shooting this fall, in a global deal with CAA Media Finance, Endeavor Content, and MadRiver.

And it was not the streaming giant's only big buy in Berlin. The company also paid a reported $18 million for U.S. rights to the Liam Neeson-Laurence Fishburne action-thriller The Ice Road (another CAA Media Finance title) and scooped up.

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