Netflix has won big in the bidding war for the film adaptation of Hillbilly Elegy.
Deadline confirms that the film version of J.D. Vance’s lauded bestseller was snagged by the streaming giant. The service will pay a whopping $45 million to fully finance the feature. According to the outlet, Netflix outbid rivals by almost double.
The film is directed by Ron Howard from a script adapted to the screen by Vanessa Taylor (The Shape Of Water). Imagine Entertainment secured the movie rights to the memoir in 2017.
The film is based on Vance’s memoir titled, Hillbilly Elegy: A Memoir of a Family and Culture in Crisis. The story is about growing up poor in the Rust Belt and navigating struggles including drug addiction, and social and economic challenges.
Just like Roma, Hillbilly Elegy could be hitting theaters first before it shows up on the streaming service, but that remains to be seen.