Florence Pugh is set to star in the fantasy drama The Midnight Library, which is drawing interest from several major studios at the Cannes market.
The project, directed by Garth Davis, carries a budget of around $70 million. Paramount, Focus and Sony are among the suitors for domestic and select international rights, while Studiocanal, the producer-financier, plans to retain its own territories in a split similar to the one arranged for Paddington In Peru. A deal is expected to emerge in the coming days and could exceed $30 million, making it the largest from this year's market.
