'La Bola Negra' Cannes Bidding War Closes In on Netflix to Stage Awards Push

"La Bola Negra," which held a rapturous world premiere at the Cannes Film Festival on Thursday and triggered a bidding war between Neon, Mubi, A24 and others, zeroed in on Netflix as victor overnight Friday in a streaming and theatrical deal reportedly in the $5 million range. The Spanish-language gay epic comes from filmmaking duo Javier Ambrossi and Javier Calvo (known in their home country by the moniker "Los Javis") and would be slated at the streamer to have an awards push similar to "Emilia Pérez" last year. Variety was the first to report the news as talks were being . . .