Netflix has closed a deal for the international rights to Emily Blunt’s Pain Hustlers in a $50 million-plus transaction, the first major purchase of the 2022 Cannes Film Festival.

David Yates is the man behind the project, which has been compared to Wolf of Wall Street and The Big Short. According to the film’s synopsis, Blunt will portray, “a high-school dropout, lands a job with a failing pharmaceutical start-up in a yellowing strip mall in Central Florida. Liza’s charm, guts and drive catapult the company and her into the high life, where she soon finds herself at the center of a criminal conspiracy with deadly consequences.”

The screenplay for the feature film was written by Wells Tower, and it is being produced by Lawrence Grey’s Grey Matter Productions, as well as Yates and Yvonne Walcott’s Wychwood Pictures. Filming is expected to start in August.

The Pain Hustlers contract comes after Netflix’s first-quarter results report last month, which revealed the streaming service had lost 200,000 members in the first quarter and planned to lose another 2 million in the second. Netflix fired off 150 employees, the most of whom were based in the United States, earlier this week.

The sale is the most significant in an otherwise sluggish Cannes. At the event the year before. The film is represented in Cannes by CAA Media Finance and The Veterans.

Also Read

Chris Hemsworth looks cool in picture shared by Emily Blunt

Emily Blunt on Monday shared a throwback picture with Hollywood star Chris...