Netflix spent the most on a single movie at this year's Sundance film festival

We’ve already seen that Netflix is spending more than many traditional TV broadcasters on its shows, but this year at Sundance it also took the title for the most money spent on a single film. 

The film in question was Mudbound, a film about post-WWII racial segregation in America which Netflix paid $12.5m for the rights to distribute. 

The streaming company will follow a similar format to its past film releases by releasing the film simultaneously across cinemas and its core streaming...

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