Studiocanal Secures 'Midnight Library' Presales, Nears 'Paddington' Deal
Studiocanal, a French studio, completed presales for its Florence Pugh-starring film, 'The Midnight Library,' which included a deal exceeding $30 million with Paramount. The studio also neared an animated 'Paddington' deal and finalized territory agreements for its festival slate during Cannes.
French studio Studiocanal recently concluded presales for its film 'The Midnight Library.' This included a deal valued at over $30 million with Paramount for the movie, which stars Florence Pugh.
During its participation at Cannes, Studiocanal was also reported to be close to finalizing an animated 'Paddington' deal. Additionally, the studio successfully closed deals across multiple territories for its festival slate.
According to Hollywood Reporter, these activities marked a significant period for the studio at the event.

