Bana portrays a struggling New York-based radio journalist who fakes front-line war reports from the comfort of his hideout above a Spanish restaurant in the heart of Manhattan. He will direct from his own script.
Netflix spokeswoman Karen Barragan said “Special Correspondents” will not have a theatrical release.
Gervais said: “Having shaken up the TV industry, Netflix is about to do the same to Hollywood. It’s great to be part of the changing future. Ted Sarandos is the new Godfather of entertainment and he made me an offer I couldn’t refuse.”
The film is a co-production between Bron Studios and Unanimous Entertainment. Gervais, Unanimous’ Chris Coen, Bron’s Aaron L. Gilbert, Manuel Munz and Larry Sanitsky will produce. Gervais will also direct from his own script.
Gervais is the creator and star of “The Office,” “Extras” and “Derek.” He has written, directed and acted in the films “Cemetery Junction” and “The Invention of Lying.”
Bana will next be seen in director Jim Sheridan’s “The Secret Scripture,” Guy Ritchie’s “Knights of the Round Table: King Arthur” and “The Finest Hours.”
The deal with Gervais is the latest in a flurry of transactions for Netflix, which bought worldwide rights last month week to Cary Fukunaga’s African war drama “Beasts of No Nation,” starring Idris Elba, for its global streaming service and day-and-date theatrical release. Netflix paid nearly $12 million for the rights.
Netflix and Leonardo DiCaprio announced on March 4 that they were partnering on documentary and docu-series projects as part of a multiyear, first-look deal for non-fiction projects premiering exclusively on the streaming service.
It also bought worldwide rights in February to upcoming war thriller “Jadotville,” starring “Fifty Shades of Grey” actor Jamie Dornan, for an estimated $17 million.