Historic Bidding War Over Will Smith’s Slavery Flick Ends With Eye-Popping Numbers

A movie about a runaway slave produced by Will Smith and Antoine Fuqua was acquired for the most money in the history of the film business.

(AllHipHop News) Apple Studios bosses have won the bidding war for Will Smith and Antoine Fuqua’s new runaway slave film “Emancipation.”

The $120 million-plus deal, brokered during the Cannes Virtual Market, marks the largest film festival acquisition in history and lands Apple chiefs the world rights over rivals at Warner Bros.

The film will now premiere in theaters and on Apple TV+.

It will be produced by Apple Studios, alongside Smith, Fuqua, and their associates at Westbrook Studios and Fuqua Films.

The film is inspired by an 1863 photo, titled “The Scourged Back,” which features the bare back of a slave, scarred by deep whip marks delivered by a plantation boss.

Fuqua says, “The photograph was the first viral image of the brutality of slavery that the world saw, which is interesting, when you put it into perspective with today and social media and what the world is seeing, again. You can’t fix the past, but you can remind people of the past and I think we have to, in an accurate, real way.”

Production is scheduled to begin in early 2021.