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Alden Ehrenreich and Phoebe Dynevor’s Fair Play sell to Netflix for $20 million in a massive Sundance deal.

A major $20 million agreement has been struck between Netflix and the distributors of the film “Fair Play,” which had one of the most anticipated premieres at this year’s Sundance Film Festival. This accord is intended to advance global rights.

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Due to the positive response, many major distributors, including Searchlight and Neon, engaged in a heated bidding war to acquire the rights to the picture. According to insiders, John Carney’s “Flora and Son,” a musical drama starring Eve Hewson and Joseph Gordon-Levitt, is also attracting numerous bids. This is not the only movie that is generating a lot of attention.

The first feature film that Chloe Domont ever directed was “Fair Play.” In the psychological thriller, “Bridgerton” breakout star Phoebe Dynevor and “Solo” star Alden Ehrenreich play a newly engaged couple who are forced to conceal their relationship because they work together at a cutthroat hedge fund. The relationship is kept a secret because the couple is afraid of being fired. The power balance of the pair undergoes an irreversible change when Dynevor’s character Emily is promoted ahead of Ehrenreich’s character Luke.

Domont shared his thoughts on the film’s subject matter with Variety after the screening, saying, “I felt [financial] was a terrific background since the high stakes is ripe for drama.” The poisonous nature of the relationship is exacerbated as a result of this, and vice versa.

Owen Gleiberman, the chief film reviewer for Variety, wrote a glowing review of “Fair Play,” praising the movie for having “a lot of fun saying it” and having “plenty to say about the post-MeToo world.”

According to what he wrote, “It’s one of the few Sundance pictures that might completely breakthrough in the real world.” “And in an era when movies like ‘Tár’ and ‘The Fabelmans’ have faltered, that makes it a valuable commodity,”.

Although it took some time for the Sundance market to get going, there was activity in the Park City market where deals were being made. At the beginning of the week, Magnolia Pictures acquired the international distribution rights to the documentary titled “Little Richard: I Am Everything,” while Netflix secured the rights to the thriller titled “Run Rabbit Run,” which stars Sarah Snook.

After directing short films and episodes of the television shows “Billions,” “Suits,” and “Ballers,” Domont made his debut as a feature picture director with “Fair Play.” The film was given financial support by MRC, and T-Rian Street’s Johnson and Ram Bergman both acted as executive producers on the project.

T-Leopold Street’s Hughes and Ben LeClaire are two of the producers of this project. Star Thrower Entertainment’s Tim White, Trevor White, and Allan Mandelbaum are also involved.

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