Coming exclusively from Deadline, Faun, an upcoming short story by Joe Hill, has been picked up by Netflix and Sugar23 to be adapted for the screen.
After winning a three-studio bidding war to secure the rights, Netflix is teaming with Jeremy Slater who will write the script and Michael Sugar will produce through his Sugar23 banner along with Ashley Zalta.
For interested readers, the short story will be published in a collection this coming fall titled At Home in the Dark.
Although the winning bid price has not been disclosed, the pitch presented to the buyers was as follows:
“Narnia. Hogwarts. Neverland. All magical places that mortals can travel to and marvel at the strange creatures and wonders not seen in the human world. What if a door to a magical land was discovered and instead of pure hearted adventures, a man saw an opportunity to charge a fortune for an exclusive private game reserve where you can ‘bag’ a magical creature. Multi-millionaire Tip Fallows is a recreational hunter looking for more interesting challenges. Another wealthy hunter, Stockton, has a secret to share and a journey to offer. All they need to do is pay a quarter of a million dollars to go through a little door in an old house in rural Maine.”
Sugar will produce through his first look deal at Netflix, where he’s also creating The Laundromat, a drama about the Panama Papers being directed by Steven Soderbergh and starring Meryl Streep, Gary Oldman, Antonio Banderas and David Schwimmer.
Slater’s credits include Fox’s The Exorcist, The Lazarus Effect, Death Note and most recently the Netflix series The Umbrella Academy.
Check back for more updates soon on Faun!