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Report: Netflix is ‘in advanced talks’ to acquire Luc Besson’s EuropaCorp studio

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Last year, French filmmaker Luc Besson released Valerian and the City of a Thousand Planets, a glitzy, CGI-filled summer blockbuster which ended up being a disappointment at the box office for his studio EuropaCorp. According to a report in the French site Capital (via The Playlist and io9), Netflix is “in advanced talks” to purchase the studio.

Besson co-founded the studio in 1999, and since then, it’s been known for films such as Lucy, Taken, Lock-Out, The Circle, and Valerian and the City of a Thousand Planets. The studio blamed the later and other weak performers for an $83 million loss at the end of 2017, and weeks later, Variety reported that there were several buyers interested in purchasing the company, which was struggling with…

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