‘Greenland’ Sequel ‘Migration’ Sells To STX In Massive $75M+ Deal At Cannes Virtual Market

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In the biggest deal to go down at this year’s Cannes virtual market, STX has beaten out a number of rival bids for worldwide rights to the Gerard Butler action sequel 'Greenland: Migration'

STX is stumping up around $25 million for domestic rights in a deal cut with Euro producer-seller Anton and CAA Media Finance. Multiple streamers were in the hunt for the movie. STX will also take all of international from Anton in a pact that values foreign at around $50 million.

Anton took the project to the virtual market where it garnered significant interest from indie buyers, but — as often happens on successful franchise fare — STX, which distributed the original movie, had a matching option and was happy to take the plunge. The movie will now run through the studio’s foreign output partners and is being sold to buyers in other markets.

The $65M-plus budgeted movie will see Butler reprise his role as John Garrity. In a continuation of the story, the Garrity family, who survive a near extinction-level event when an interstellar comet hits Earth, must leave the safety of the Greenland bunker and embark on a perilous journey across the decimated frozen wasteland of Europe to find a new home. Co-star Morena Baccarin will reprise her role as Allison Garrity.

 

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chaseparis That reminds me I gotta go finish the first one... brb.

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