UPDATE: Variety reports Netflix is not co-financing La Favorite as a Netflix original. The streamer has licensed the Depp movie to stream on Netflix France after a 15-month theatrical window in the country. The original story follows below. Netflix will reportedly co-finance and stream Johnny Depp’s first movie since the actor’s highly-publicized defamation trial against ex-wife Amber Heard. The Stranger Things streamer will help produce La Favorite, a French period drama starring Depp as King Louis XV, Bloomberg reports. Mon Roi and DNA filmmaker Maiwenn Le Besco will direct La Favorite for Why Not Productions, the French production company behind The Purge and the Mel Gibson-starring crime drama Blood Father. According to Bloomberg, Depp’s La Favorite is expected to be released in 2023 in French theaters before streaming on Netflix France after 15 months. It’s unclear if the movie will be available globally on Netflix.