Netflix, Amblin and Obama-Backed Higher Ground Win Heated Auction for New S.A. Cosby Book ‘King of Ashes’ (EXCLUSIVE)

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Matt Donnelly Senior Film Writer A highly competitive auction has been raging for weeks over adaptative rights to S.A. Cosby’s forthcoming novel “King of Ashes,” and we have a winner.

Netflix, Steven Spielberg’s Amblin Entertainment and Barack and Michelle Obama’s Higher Ground emerged victorious over as many as 11 competing bids, multiple sources familiar with the deal told Variety.

Amblin and Higher Ground will develop the book – described as a family crime drama — as a TV series, with Netflix backing. Spielberg personally got involved to help bring the author over the finish line in recent days, two sources added.

Representatives for all three companies did not immediately return Variety’s requests for comment. Veteran lit agent Lucy Stille represented Cosby in the sale process on behalf of Josh Getzler at HG Literary.

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