Florence Pugh’s ‘The Midnight Library’ Draws Massive Studio Interest at Cannes

Published 05/24/2026, 2:19 AM EDT

via Imago

Florence Pugh is already making waves at the 2026 Cannes market with her upcoming fantasy drama The Midnight Library. Directed by Garth Davis, the project has reportedly sparked a major bidding war among several top studios and is shaping up to become one of the biggest deals to emerge from Cannes this year. The film, based on The Midnight Library by Matt Haig, follows a woman who discovers a mysterious library between life and death where she can explore alternate versions of her life. With its emotional premise, large-scale fantasy elements, and Florence Pugh leading the cast, the movie has quickly become one of the hottest projects at the international market.

The excitement surrounding the film also arrives as Pugh continues expanding her already impressive slate of film and streaming projects.

Florence Pugh’s The Midnight Library is selling at Cannes like hot cross buns

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Multiple major studios are aggressively pursuing domestic and select international rights for Florence Pugh’s The Midnight Library. Paramount Pictures, Sony Pictures, and Focus Features are all believed to be competing for the rights to the film, which carries an estimated budget of around $70 million. Meanwhile, producer-financier Studiocanal is expected to retain distribution rights in several of its key territories.

Industry insiders believe the final agreement could surpass $30 million, making it one of the largest Cannes market deals of 2026. The film is being produced by Blueprint Pictures alongside Studiocanal, with Pugh also attached as a producer. The screenplay comes from Olivier Award winner Laura Wade and Tony nominee Nick Payne, adding even more prestige to the package. Production is expected to begin in early 2027, with the film aiming for a large-scale theatrical rollout across multiple international markets.

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As anticipation builds for The Midnight Library, Florence Pugh is simultaneously preparing for another ambitious project that could further cement her dominance across both streaming and theatrical entertainment.

Florence Pugh leads the cast of Netflix’s East of Eden

Florence Pugh is also set to headline Netflix’s upcoming limited series East of Eden, where she takes on the complex role of Cathy Ames. Based on East of Eden by John Steinbeck, the series explores generations of family conflict, morality, betrayal, and emotional trauma. Pugh’s casting has already generated significant excitement, especially given her recent acclaimed performances in Dune: Part Two, Oppenheimer, Midsommar, and Don't Worry Darling.

Joining Florence Pugh in the cast is Christopher Abbott as Adam Trask and Mike Faist as Charles Trask, bringing added emotional intensity to the adaptation’s central sibling rivalry storyline. The ensemble also includes Hoon Lee, Tracy Letts, Martha Plimpton, Ciarán Hinds, Joe Anders, and Joseph Zada. 

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Between the massive Cannes bidding war for The Midnight Library and the growing anticipation surrounding Netflix’s East of Eden, Florence Pugh continues to position herself as one of Hollywood’s most sought-after stars. Whether on the big screen or streaming platforms, the actress appears ready to dominate entertainment headlines well into 2026 and beyond.

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Are you excited to see Florence Pugh in The Midnight Library? Let us know in the comments! 

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Karishma Dasgupta

375 articles

Karishma is an entertainment journalist at Netflix Junkie. She enjoys digging deep into stories and bringing clarity to the often fast-moving world of entertainment. She holds a double Master’s degree in Fashion Business Management and Digital Marketing.

Edited By: Aliza Siddiqui

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