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Netflix reportedly pays $90 million for Will Smith and 'Bright'
A couple of weeks ago rumors surfaced that Netflix was in the lead to sign its biggest movie deal yet, and now Deadline says it is the winner of a bidding battle (over Warner Bros./MGM and PalmStar) for Bright. Pitched as an R-rated thriller with fantasy elements, it carries a reported price tag of about $90 million -- $30 million or so more than it paid for War Machine with Brad Pitt. In it, Smith is apparently playing cop partnered with an orc (Joel Edgerton) Alien Nation-style. That includes $45 million to shoot it, with another $45 million used to pay the talent and buy out back end residual fees that they won't get because of its anticipated limited theater release.