‘CODA’ Sells to Apple for Record-Breaking $25 Million After Sundance Bidding War
Sundance 2021: Drama directed by Sian Heder follows the daughter of a deaf family who joins her school’s choirBeatrice Verhoeven and Brian Welk | January 30, 2021 @ 11:24 AM Last Updated: January 30, 2021 @ 12:59 PM
Courtesy of Sundance Institute
Sian Heder’s “CODA” has sold to Apple for up to $25 million after an intense bidding war ended in a Sundance record-setting deal, an individual with knowledge of the deal told TheWrap.
The deal knocked down the $17.5 million that “Palm Springs” went for last year to Hulu and Neon to No. 2 as the highest sale from a film from the Sundance Film Festival.
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Neon Acquires Jonas Poher Rasmussen’s ‘Flee’ in 7-Figure Deal
Sundance 2021: Film is executive produced by Riz Ahmed and Nikolaj Coster-WaldauBeatrice Verhoeven | January 29, 2021 @ 10:49 AM Last Updated: January 29, 2021 @ 11:16 AM
Neon/Courtesy of Sundance Institute
Neon made one of the first 2021 Sundance acquisitions on Friday with Jonas Poher Rasmussen’s “Flee,” executive produced by Riz Ahmed and Nikolaj Coster-Waldau.
The film, which sold for an undisclosed seven-figure amount after an overnight bidding war, was officially selected for Cannes 2020 and made its debut on opening night of Sundance in the World Documentary Competition to rave reviews.
“Flee” tells the story of Amin Nawabi (a pseudonym) as he deals with a painful secret that he has kept for 20 years a secret that threatens his life and the life of his soon-to-be husband. Recounted mostly through animation to Rasmussen, Nawabi tells the story of his journey as a child refugee fr
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Other acquisition titles, such as “Wild Indian,” “Coda” and “The Sparks Brothers,” play virtual fest running Jan. 28-Feb. 3Brian Welk | January 28, 2021 @ 7:00 AM Last Updated: January 28, 2021 @ 7:28 AM
Sundance Film Festival / Getty Images
This year s Sundance is shorter, virtual, national instead of local and has a new director for the first time in years. But what has not changed is that Sundance remains one of the best marketplaces for independent films. This year s lineup even has some hopeful Oscar contenders such as Robin Wright s Land and Judas and the Black Messiah from Warner Bros., and we ve already seen a few titles such as Together Together, The World to Come and The Most Beautiful Boy in the World find homes. But while there may be fewer films overall and without the in-person wheeling an