Netflix has acquired the global rights outside France for the animated feature film "In Waves" following its premiere at the 2026 Cannes Film Festival [2].
The acquisition signals a growing interest in adult-oriented animated dramas that adapt personal narratives into visual art. By securing the film, Netflix expands its portfolio of international storytelling and emotionally driven animation.
Directed by Phuong Mai Nguyen, the film is an adaptation of a graphic memoir written by AJ Dungo and published in 2019 [1, 2]. The story presents a romantic drama centered on two surfers whose relationship unfolds on the ocean [1, 3]. Critics and viewers said the work is a luminous and moving exploration of love and loss [1, 3].
The film made its debut during the Critics' Week segment of the Cannes Film Festival in France [2]. This prestigious platform often highlights innovative cinema, and "In Waves" has been praised for its emotional impact and visual style [1, 3].
While some reports identify the main characters as Kristen and AJ [4], the film's foundation remains the autobiographical work of Dungo [2]. The narrative focuses on the intersection of surfing culture, and the complexities of romantic bonds.
The deal reached at Cannes 2026 ensures the film will reach a global audience through the streaming platform, although distribution within France remains separate [2].
“A luminous, moving love story on the waves”
The acquisition of 'In Waves' reflects a broader industry trend where streaming giants seek out 'prestige' animation from festival circuits to diversify their content beyond traditional children's programming. By adapting a graphic memoir, Netflix is leveraging the existing emotional resonance of a published work to attract viewers interested in indie cinema and adult animation.



