Netflix says ‘thanks, but no thanks’ to pricey Nancy Meyers’ film

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Film director Nancy Meyers arrives at the 20th anniversary of ELLE Women in Hollywood event in Los Angeles on October 21, 2013. Photo by Fred Prouser/REUTERS.

Netflix passed on Nancy Meyers’ latest movie. While the streamer was prepared to make the romantic comedy “Paris Paramount” (working title) for a $130 million budget – starring Scarlett Johansson, Owen Wilson, Penelope Cruz and Michael Fassbender – Meyers wanted $150 million. A few years ago, Netflix would probably have said yes, so why did Ted Sarandos and company pull back on a deal with a top filmmaker? Kim Masters and Matt Belloni examine. 



Joshua Farnham