Last year, French filmmaker Luc Besson Valerian and the City of the Thousand Planets released a dazzling, CGI-filled summer blockbuster that was a disappointment at the box office for his EuropaCorp studio. According to a report in the French website Capital (about The Playlist and io9 ), Netflix is "in advanced talks" to buy the studio ,
Besson co-founded the studio in 1999 and has since been in charge of films such as Lucy Lock-Out The Circle and Valerian and the City of the Thousand Planets. The studio blamed later and other weak artists for a loss of $ 83 million by the end of 201
The acquisition of the studio makes sense for Netflix in a race with people like Amazon, Hulu, Apple and Disney imprisoned to produce their own list of original content to lure subscribers. Last year, Netflix announced that it would spend $ 8 billion on the original content in 2018, and released a number of high-profile original films such as Bright and Okja . Earlier this year, it surprised everyone with the release of The Cloverfield Paradox which was repeatedly delayed by Paramount and acquired another difficult film, Extinction . Should the deal materialize, the acquisition of EuropaCorp would allow Netflix to add to its content library and provide the company with a reputable director for future exclusive releases.