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Bad Education wasn’t what I’d call the most buzzed-about movie at this year’s Toronto International Film Festival, but it clearly made an impression with the folks at HBO. The network just plopped down nearly $20 million dollars to purchase the film, a record-breaking sum as far as these things go. The dark comedy is based on a true story and stars Hugh Jackman and Allison Janney.
Deadline is reporting that HBO has purchased Bad Education for a record-breaking sum that nears $20 million. The exact number hasn’t been revealed yet, but the Deadline story states “the deal is in the rarefied range of the $17.5 million at Sundance for The Birth of a Nation, which was the fest record.” The deal will allow HBO to air the film globally. It’s also the biggest deal out of TIFF.
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There was a time when the folks behind a high-profile movie starring folks like Hugh Jackman and Allison Janney would balk at the idea of selling it off to a cable/streaming network, and instead aim towards a theatrical route. But times have changed, and mid-budget, non-franchise movies like Bad Education have struggled to find audiences on the big screen. By going with HBO, Bad Education will now bypass theaters to air on cable and streaming, where it will hopefully...
(Excerpt) Read more at: /Film
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