TIFF Breakout ‘Bad Education’ Sells to HBO in Near-$20 Million Deal, but That Means No Oscars

  • Indiewire
TIFF Breakout ‘Bad Education’ Sells to HBO in Near-$20 Million Deal, but That Means No Oscars
One of this year’s buzziest Toronto International Film Festival breakouts might be about to land a home, and with a record deal to boot. Deadline reports that HBO is nearly at a deal to acquire Cory Finley’s fact-based embezzlement drama “Bad Education” for a price tag “nearing $20 million.” (Variety reports that the number is closer to $17.5 million.) That price point would put the deal in range of Fox Searchlight’s legendary big ticket festival buy, when the studio purchased Nate Parker’s “The Birth of a Nation” for $17.5 million at Sundance in 2016. As has become commonplace, it seems to have boiled down to the ever-raging debate between the merits of theatrical versus streaming.

As Deadline notes, “This one quickly came down to the producers and financiers faced with making a choice that will be more commonplace as fests go forward. Did they want a streaming deal, gamble for
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