In a record-setting purchase, Apple Studios has emerged as the winner of “Coda,” the virtual Sundance sensation about a young hearing girl who grapples with breaking away from her deaf family.
The Zack Van Amburg and Jamie Erlicht-led studio paid close to $25 million for the film, breaking last year’s recording setting “Palm Springs” sale at north of $22 million.
As Variety previously reported, rapturous audience response and glowing reviews powered the 2021 Sundance Day One premiere to a bidding war, which included interest from Netflix and Amazon. The latter was said to be keen on the upbeat tearjerker, Variety reported, but did not have the bandwidth to release the film in 2021 with their loaded slate.
Apple acquired worldwide rights on the project, and is said to be in the process of buying out pre-sold international territories that helped finance production.
CAA Media Finance, ICM and Pathe Films brokered the deal on behalf of the filmmakers,...
The Zack Van Amburg and Jamie Erlicht-led studio paid close to $25 million for the film, breaking last year’s recording setting “Palm Springs” sale at north of $22 million.
As Variety previously reported, rapturous audience response and glowing reviews powered the 2021 Sundance Day One premiere to a bidding war, which included interest from Netflix and Amazon. The latter was said to be keen on the upbeat tearjerker, Variety reported, but did not have the bandwidth to release the film in 2021 with their loaded slate.
Apple acquired worldwide rights on the project, and is said to be in the process of buying out pre-sold international territories that helped finance production.
CAA Media Finance, ICM and Pathe Films brokered the deal on behalf of the filmmakers,...
- 1/30/2021
- by Matt Donnelly
- Variety Film + TV
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