Cannes Film Market: Netflix Acquires 'In Waves', Warner Bros. Negotiates Park Chan-Wook's Western (2026)

The Cannes Film Market, a bustling hub of cinematic deals, witnessed a dramatic turnaround in its final days, transforming a seemingly sluggish event into a bustling marketplace. The late surge was led by two significant acquisitions that had been quietly building momentum on the Croisette. Netflix, the streaming giant, secured the worldwide rights outside France for the animated feature 'In Waves', an adaptation of a graphic novel set in Los Angeles. This French-Vietnamese production, directed by Phuong Mai Nguyen, tells a love story between a shy skateboarder and a surfer girl, with Will Sharpe and Stephanie Hsu lending their voices to the English-language version. The acquisition by Netflix marks a strategic move, as the company continues to expand its animated content library. Meanwhile, Warner Bros.' specialty label, Clockworks, entered exclusive negotiations to acquire Park Chan-wook's upcoming revenge Western, 'The Brigands of Rattlecreek'. This project, a long-held passion for the renowned director, features a stellar cast including Matthew McConaughey, Austin Butler, Pedro Pascal, and Tang Wei. The acquisition would be a significant statement for Clockworks, a newly established division, as it solidifies its identity in the market. These deals followed A24's substantial purchase of Cannes, acquiring the worldwide rights to Jordan Firstman's crowd-pleaser 'Club Kid' for a reported $17 million, a testament to the market's ability to attract major players. Amazon also joined the fray, acquiring the majority of international rights for 'Pumping Black', a psychological thriller set in the world of competitive cycling, directed by Mimi Cave and starring Jonathan Bailey and Natalie Portman. However, despite these impressive deals, the Cannes Market's strong finish only highlighted the relative quiet of its earlier days, emphasizing the need for a late-stage surge to be considered a success. The market's ability to revive itself in the final moments underscores the dynamic nature of the film industry, where deals can be struck at any moment, transforming a seemingly slow event into a bustling marketplace.

Cannes Film Market: Netflix Acquires 'In Waves', Warner Bros. Negotiates Park Chan-Wook's Western (2026)
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