In a significant post-Toronto International Film Festival (TIFF) move, Netflix has acquired the rights to Hit Man, a film co-written by acclaimed director Richard Linklater and starring Glen Powell, for a staggering $20 million.

Netflix lands Richard Linklater's Hit Man for $20mn after TIFF triumph

Director Richard Linklater has set up the biopic of comedian Bill Hicks as his next project. The 58-year-old filmmaker, best known for critically acclaimed films such as 'Before' trilogy, 'Dazed and Confused' and 'Boyhood', will write and direct the new feature for Focus Features, reported Indiewire.

American director Richard Linklater to work on a biopic of comedian Bill Hicks

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Netflix lands Richard Linklater's Hit Man for $20mn after TIFF triumph

American director Richard Linklater to work on a biopic of comedian Bill Hicks