In what’s a record-breaking deal at Berlin’s European Film Market, Netflix has landed the worldwide rights to the Gothic thriller The Pale Blue Eye starring Christian Bale.
The Oscar-winning Bale will re-unite with Hostiles director Scott Cooper in the film that centers on an attempt to solve a series of murders that took place at the U.S. Military Academy at West Point in 1830. Bale plays a veteran detective who investigates the murders, assisted by a meticulous young cadet who will later become the world-famous author Edgar Allan Poe.
The streaming platform beat out other competitors for the $55 million acquisition, which CAA Media Finance, Endeavor Content, and MadRiver were selling at Berlin’s European Film Market. Cross Creek is producing. Bale will also produce with Cooper, Birdman producer John Lesher and Cross Creek’s Tyler Thompson.
Cooper (Crazy Heart, Black Mass), who also penned the screenplay – an adaptation of the Louis Bayard novel of the same name – was said to have wanted to make the film for more than a decade.
It’s the third collaboration between Bale and Cooper. Bale co-starred with Rosamund Pike and Scott Shepherd in Cooper’s 2017 Western Hostiles. He also starred in the 2013 crime drama Out of the Furnace.
In terms of Netflix, it’s another major deal for the streamer that previously signed more than one 8-figure deal at the all-virtual EFM.