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Nancy Meyers to Books Directorial Return with New Movie Starring Jude Law, Penelope Cruz, & More! | Just Jared: Celebrity News and Gossip

Nancy Meyers' new comedy about filmmaking shifts from Netflix to Warner Bros. after budget disputes, with a $150 million budget and a Christmas 2027 theatrical release.

  • Warner Bros. Pictures has picked up Nancy Meyers's untitled project and scheduled its theatrical premiere for Dec. 25, 2027, marking her first directing role since The Intern .
  • After budget talks stalled at Netflix, negotiations collapsed over Meyers seeking at least $150 million while Netflix would not go above $130 million, and Warner Bros. Pictures acquired the project soon after.
  • A star-studded cast includes Penélope Cruz, Kieran Culkin, Jude Law, Emma Mackey and Owen Wilson, while Nancy Meyers will produce with Ilona Herzberg and Diana Pokorny executive producing.
  • The studio's greenlight, led by Pam Abdy and Mike DeLuca, revives Meyers's project, which has grossed over $1 billion worldwide, for a Christmas 2027 release.
  • Variety reports this film is a version of Paris Paramount first set up at Netflix in 2023, though the logline remains under wraps, and industry coverage notes streaming economics and top talent compensation differ from legacy studios.
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Just Jared broke the news in on Monday, February 2, 2026.
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