Netflix Nears $4–5M U.S. Deal for Cannes Hit La Bola Negra

Netflix is close to acquiring U.S. rights to La Bola Negra, a Spanish-language Cannes front-runner by Javier Calvo and Javier Ambrossi, in what insiders call a record-breaking non-English title deal worth about $4–5 million. The deal includes a multi-week theatrical window and an awards campaign. Neon, A24 and Mubi are among the U.S. buyers, with Spain’s Elastica and France’s Le Pacte co-producing; the film stars Penélope Cruz and premiered at Cannes to enthusiastic ovations, following a production backed by Movistar Plus+, Suma Content Films, El Deseo and Le Pacte.