Netfil paid whooping $10 million for the rights to a documentary about young upstarts running for Congress. The main star in the documentary is, of course, Alexandria Ocasio-Cortez.
Deadline first reported the amount that Netflix paid for “Knock Down the House.”
This is a documentary film that closely follows four women vying for office during the 2018 election cycle.
Deadline also stated that it was the biggest sum ever brokered at a film festival for a documentary.
Of the four contenders, only Ocasio-Cortez won.
The film premiered at the Sundance Film Festival late last month.
Ocasio-Cortez was supposed to attend the premiere, but cancelled a day before her scheduled appearance citing “complications from the government shutdown.” The shutdown had ended the day before.
However, she appeared appeared via video at the screening.
Since then “Knock Down the House” has won Sundance’s Festival Favorite Award.
What are your thoughts on this? Do you think Netflix made a good deal here?