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Sundance: Apple Nabs 'CODA' for Record-Breaking $25M

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hollywoodreporter.com

Apple has nabbed the rights to Sundance drama CODA from writer-directorSian Heder in a deal worth $25 million according to sources.

Heading into the fest, it was anticipated that the movie would be one of Sundance's hottest titles. A bidding war began after the movie's day one premiere, which saw Netflix and Amazon put in bids for the movie.

The final $25 million price tag makes the film the biggest sale in the festival's history, beating out last year's record-breaker Palm Springs, which sold to Neon and Hulu in a deal that was worth $22 million. (Prior to Palm Springs, 2016'sBirth of a Nation held the record with a $17.5 million to Fox Searchlight.) The title, which premiered in the U.S.

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