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By: Grayson Bane
It was recently announced that Netflix acquired the film Pain Hustlers in one of the largest deals at the Cannes market, coming in at a whopping $50 million. Netflix has been working overtime to build up its Netflix Originals sector of the service, and it seems that this deal only cements that notion. Their original content is produced, co-produced, or distributed by Netflix exclusively and is funded differently than other TV networks. The backing is provided upfront at Netflix, and most series are immediately ordered for two seasons.
Originally posted on Movie Web