VIDEO : Fifth Element Director Luc Besson May Sign A Major Deal With Netflix

Netflix may be about to claim another big Hollywood scalp for its stable, with legendary French director Luc Besson said to be preparing to sign a multi-movie deal with the streaming company. Besson, who directed classics including The Fifth Element and Leon: The Professional, would have a $30 million budget per movie, with the flicks coming under the 'Netflix Originals' banner. Last year's sci-fi epic, Valerian and the City of a Thousand Planets, from the director flopped, leaving EuropaCorp $285 million in debt, and reducing its valuation to $73 million, a fall of 60% of the figure before the release of the movie.