Paramount pays $36M for Florence Pugh-led "The Midnight Library"
Paramount Pictures has acquired the film rights to "The Midnight Library" for $36 million following a bidding war. The movie is set to be directed by Garth Davis and will star Florence Pugh.
Key Takeaways
- Paramount Pictures acquired "The Midnight Library" rights for $36 million.
- The project will be directed by Garth Davis.
- Florence Pugh is attached to star in the adaptation.
- Paramount beat rival bidders for the film rights.
Why It Matters
Paramount’s $36 million bid secures a premium literary property with two named creative anchors: director Garth Davis and star Florence Pugh. For streaming and studio buyers, the deal shows how top-tier IP can still command major upfront spend when attached talent is strong. The key next signal is whether Paramount moves quickly from rights acquisition to a production start or further casting announcements around "The Midnight Library".
Read full article at mande.net
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