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NETFLIX, INC.

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Netflix : to adapt Paul McCartney's 'High in the Clouds' as animated film

12/10/2019 | 12:02pm EST

Netflix is adapting Paul McCartney's children's book High in the Clouds as a new animated film.

The streaming service announced in a press release Tuesday that it has teamed with Gaumont to produce a feature film based on the novel by McCartney, Geoff Dunbar and Philip Ardagh.

McCartney will produce and create original songs and music for the film. Bob Shaye, the late Michael Lynne, Sidonie Dumas, Christophe Riandee, Nicolas Atlan and Terry Kalagian serve as co-producers.

Jon Croker (Paddington, Fantastic Beasts: The Crimes of Grindelwald) wrote the screenplay, with Timothy Reckart (Head Over Heels, The Star) to serve as director.

"We are thrilled to be partnering with Netflix," McCartney said. "I've always loved animated films and this is a hugely important passion project for me. I can't wait for the world to see it."

High in the Clouds follows Wirral, an imaginative teenage squirrel. The character finds himself pulled into a ramshackle gang of teenage rebels who live in the clouds after he accidentally antagonizes the gang's leader, Gretsch the owl.

"Bringing the world a new animated film from the heart and mind of the brilliant Paul McCartney is undoubtably one of the greatest thrills we've experienced at Netflix. We're beyond grateful to be partnering with Nicolas and the Gaumont team on High in the Clouds and with Tim at the hlm, this whimsical story celebrating individuality and the unifying power of music is in great hands," Netflix director of original animated films Gregg Taylor said.

McCartney published High in the Clouds in 2005. The former Beatles member released his second children's book, Hey Grandude!, in September.

Copyright 2019 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent., source Entertainment News

Stocks mentioned in the article
ChangeLast1st jan.
GAUMONT 0.00% 119.5 Real-time Quote.8.64%
NETFLIX, INC. -0.58% 497.98 Delayed Quote.-7.91%
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Financials (USD)
Sales 2020 24 962 M - -
Net income 2020 2 860 M - -
Net Debt 2020 8 633 M - -
P/E ratio 2020 79,3x
Yield 2020 -
Capitalization 220 B 220 B -
EV / Sales 2020 9,16x
EV / Sales 2021 7,77x
Nbr of Employees 8 600
Free-Float 98,4%
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Netflix, Inc. Technical Analysis Chart | NFLX | US64110L1061 | MarketScreener
Technical analysis trends NETFLIX, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 43
Average target price 551,33 $
Last Close Price 497,98 $
Spread / Highest target 40,6%
Spread / Average Target 10,7%
Spread / Lowest Target -59,8%
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Managers and Directors
NameTitle
Wilmot Reed Hastings Chairman, President & Co-Chief Executive Officer
Theodore A. Sarandos Co-CEO, Director & Chief Content Officer
Gregory K. Peters Chief Operating & Product Officer
Spencer Adam Neumann Chief Financial Officer
Adriane C. McFetridge Engineering Director
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