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Weinstein Co. Drops Sale Price to $287 Million to Accelerate Deal Closing

  • The Wrap
The Weinstein Co. and Lantern Capital, which agreed to buy the studio out of bankruptcy, have agreed to cut the sale price to $287 million from $310 million, a person familiar with the proceedings told TheWrap.

The price cut was announced in Delaware bankruptcy court on Friday as a means to accelerate Lantern closing the deal.

The two sides were haggling over the value of the unreleased projects and the Weinstein Co.’s library of films.

Also Read: Original 'Project Runway' Production Company to Return for Bravo Reboot

TWC’s library contains 277 features films, though some were used as collateral for previous debt restructuring, so the company doesn’t own those outright. In 2010, 0wnership rights to 191 films were transferred to an independent fund that yielded less than $1 million in revenue last year.

Filmmakers for some of TWC’s unreleased films objected in court to the rights to their films being included in the asset fire sale.
See full article at The Wrap »

Weinstein Co. Buyer Lantern Entertainment Gives Up Rights to ‘Hotel Mumbai’

Weinstein Co. Buyer Lantern Entertainment Gives Up Rights to ‘Hotel Mumbai’
After haggling with The Weinstein Co. in bankruptcy court over distribution rights, the producers of “Hotel Mumbai” are finally free to take the fact-based thriller to another studio.

According to court documents filed on Friday, Lantern Entertainment, which bought TWC out of bankruptcy for $310 million in May, has agreed to relinquish distribution rights to the film, acquired in the sale.

The film was listed as a “top title” in Lantern’s sale agreement.
See full article at The Wrap »

‘Hotel Mumbai’ Producers Strike Deal to Escape Weinstein Bankruptcy

‘Hotel Mumbai’ Producers Strike Deal to Escape Weinstein Bankruptcy
From the moment the Weinstein Co. began to fall apart, producers have been trying to free their projects from the company’s grasp.

The producers of “Hotel Mumbai” succeeded on Friday, sealing a deal with the Weinstein Co. to reclaim the film in exchange for an undisclosed sum. The film stars Dev Patel and Armie Hammer, and chronicles the 2008 terror attack in India that left more than 160 people dead.

In 2016, the Weinstein Co. signed on to distribute the film in North America and the United Kingdom, agreeing to spend at least $10 million on marketing and release it on 800 screens. The film was set to be completed this spring and released this fall. However, in the wake of revelations of Harvey Weinstein’s alleged sexual misconduct, the producers sought to rescind the agreement.

The producers have sold the international rights to other distributors, and expect the film to perform well overseas given the subject matter.
See full article at Variety - Film News »

New Weinstein Company Owners Settle ‘Hotel Mumbai’ Rights Dust-Up

If and when Lantern Capital's acquisition of The Weinstein Company is totally complete in the next few weeks, one thing the private-equity firm will not own is Hotel Mumbai. Just under two months after producers of the Dev Patel and Armie Hammer starring film about the 2008 attacks on the Taj Mahal Palace Hotel went after TWC in bankruptcy court to have the pic removed as an asset, all sides have come to a deal. 'The Parties have since entered into the Stipulation…
See full article at Deadline Movie News »

Lantern Gives Up Rights to 'Hotel Mumbai' to Settle Producer's Weinstein Fraud Claim

After making a successful $310 million bid to acquire the assets of The Weinstein Co. in an auction overseen by a bankruptcy court, Lantern Entertainment is walking away from any right to distribute Hotel Mumbai.

The film, about the November 2008 terrorist attack in Mumbai, India, that left more than 160 people dead, was listed as one of the top unreleased motion pictures in the sale of TWC assets. The movie stars Armie Hammer, Dev Patel, Jason Isaacs and Nazanin Boniadi.

Once TWC declared Chapter 11 bankruptcy after the fallout of sexual misconduct allegations against Harvey Weinstein, the producer of Hotel ...
See full article at The Hollywood Reporter - Movie News »

Armando Iannucci Pushed for Colorblind Casting on ‘The Personal History of David Copperfield’

Armando Iannucci Pushed for Colorblind Casting on ‘The Personal History of David Copperfield’
As the Oscar-nominated screenwriter of “In the Loop,” the creator of “The Thick of It” and “Veep,” plus the director of “The Death of Stalin,” Armando Iannucci has established himself as one of the most renowned satirists working today. On Monday, the Scotsman began shooting his next feature — “The Personal History of David Copperfield,” starring Dev Patel, Tilda Swinton, and Gwendoline Christie — but he recently told IndieWire that producers required convincing that he could helm an adaptation of a Charles Dickens saga.

“The first thing that FilmNation said to me is, ‘Why are you doing ‘David Copperfield’ as opposed to another director?’” said Iannucci. “And I said, ‘Well I want to make a film that doesn’t feel hidebound by the conventions of a costume drama or a period drama. I want to start again. I want it to feel real and present, even though it’s set in 1840 in London.
See full article at Indiewire »

Filming begins on Armando Iannucci’s The Personal History of David Copperfield

FilmNation Entertainment and Film4 have announced that principal photography is underway on The Personal History of David Copperfield, an adaptation of the Charles Dickens classic from filmmaker Armando Iannucci (The Death of Stalin).

Described as a “fresh and distinctive take” on Dickens’ semi-autobiographical novel, The Personal History of David Copperfield is set in the 1840’s and chronicles the life of its iconic title character as he navigates a chaotic world to find his elusive place within it. From his unhappy childhood to the discovery of his gift as a storyteller and writer, David’s journey is by turns hilarious and tragic, but always full of life, colour and humanity.

Dev Patel will play the title character of David Copperfield, alongside Tilda Swinton (Doctor Strange), Hugh Laurie (Veep), Peter Capaldi (In the Loop), Ben Whishaw (A Very English Scandal), Paul Whitehouse (The Death of Stalin), Aneurin Barnard (Dunkirk), Daisy May Cooper
See full article at Flickeringmyth »

Gwendoline Christie, Benedict Wong, Paul Whitehouse join Armando Iannucci's 'David Copperfield' (exclusive)

Gwendoline Christie, Benedict Wong, Paul Whitehouse join Armando Iannucci's 'David Copperfield' (exclusive)
Shoot stars today in the UK.

Armando Iannucci’s The Personal History Of David Copperfield has finalised its cast ahead of principal photography, which kicks off today on location in the UK.

Gwendoline Christie (Game Of Thrones), Benedict Wong (Avengers: Infinity War), Paul Whitehouse (The Death Of Stalin) and Daisy May Cooper (This Country) have now joined the film, which stars Dev Patel in what the production are styling as a “fresh and distinctive take on Charles Dickens’ literary classic”.

Hot off the success of The Death Of Stalin, which was nominated for two Baftas, writer-director Iannucci also co-wrote David Copperfield
See full article at ScreenDaily »

Final call for Screen Stars of Tomorrow 2018 submissions

Final call for Screen Stars of Tomorrow 2018 submissions
Previous Stars of Tomorrow include Benedict Cumberbatch, Felicity Jones and John Boyega.

The deadline for the 2018 edition of Screen’s Stars of Tomorrow - which highlights emerging actors, writers, directors and producers - has been extended until 9am (BST) Monday 4 June.

Any submissions or industry recommendations should be emailed to screenstarsoftomorrow@gmail.com. It is permitted to submit on your own behalf.

Candidates for inclusion in Screen International Stars of Tomorrow should be professional and with a track record, albeit brief, in the film business. They should be UK or Republic of Ireland nationals, and, as this is a young talent portfolio,
See full article at ScreenDaily »

People think women directors can't do action sequences: 'Kaali' filmmaker Kiruthiga

InterviewKiruthiga Udhayanidhi speaks to Tnm about 'Kaali' and her experiences as a woman director in a male dominated industry.Siddarth SrinivasFacebook/KiruthigaUdhayanidhiAfter almost five years since her debut with Vanakkam Chennai in 2013, director Kiruthiga Udhayanidhi’s second film Kaali is ready for release this Friday, the 18th of May. Tnm caught up with the director soon after her return from Hyderabad, where she was promoting the Telugu version of the same film titled Kaasi. In the period after Vanakkam Chennai, Kiruthiga had penned two scripts – one, a crime thriller and the other, a commercial family entertainer which has taken shape as Kaali today. The timeline of Kaali dates back to 2015, when the director had pitched the script to actor Dhanush, a good friend of hers. “Dhanush had just completed Anegan, and was not ready to do another film which had multiple roles immediately. But, he was the first to encourage me and also agreed to produce the project under his banner. For various reasons, that didn’t take off. At the same time, I was also in talks with Simbu to do a particular role in the film, and things were progressing. But after a few days, everything collapsed,” says the director. Vijay Antony came in as a blessing in disguise. He hopped on board the film as a producer, actor and music composer. “I’m so glad it took off with Vijay Antony. With him bringing all his skills to the fore, I just saw the perks of a single person doing it all for my script. In every department, it is as much as his product as it is mine," says Kiruthiga. However, initially, Kiruthiga pitched the thriller script to him and not that of Kaali. “I narrated the crime thriller to him first, but he strayed away from it. Believe me, I was on the verge of changing my career, because of getting so disappointed and tired of trying. In the film industry, it is very tough as a relatively new director to find a producer, actor, and set the wheels in motion. We have to play the waiting game for long. It was only when I asked him for another chance, trying to break the shackles of the dark thrillers that he usually does, and met him with the script of Kaali that good things finally started to happen,” narrates Kiruthiga. Talking about the design of the film and the genre it belongs to, she says, “Kaali is a commercial entertainer. A mix of everything. It has its lighter moments, emotions, action blocks and so on. When I write a story, I don’t particularly stick to a single genre or hero. In that way, I get rid of any creative limitations and widen my canvas.” Asked whether Vijay Antony has done justice to her vision, Kiruthiga is quick to give an affirmation: “I don’t know if it’s just me or whether I’m being biased, but he has really put up a terrific performance in Kaali, though he won’t admit to it. There are some scenes which require high levels of positive temperament to pull off, but as a director and a scriptwriter, I’m very happy. I didn’t see even the slightest of inhibitions in him.” The trailer and sneak peek of Kaali showcase Vijay Antony as a rich Nri doctor returning to India, in an attempt to trace his roots and dig out details about his blood relations. On the face of it, the film does share some similarities with Garth Davis’ 2016 biographical drama Lion which starred Dev Patel, Rooney Mara and Nicole Kidman. However, Kiruthiga denies the fact that it is a remake, stating that she had written the script of Kaali 4 years ago. “I had pitched the script of Kaali to Dhanush long back. I saw Lion out of curiosity, but that film is completely different. Except for the first ten minutes, nothing will look the same," she asserts. Kiruthiga also shares her appreciation for her producer and actor Vijay Antony for completing the shoot of the film in 58 days, when it was initially planned at 73. Commenting on this, she says “An extensive and detailed pre-production process is the only thing that can help you finish a film in a short span of time. Vanakkam Chennai, being a home production, I was able to think from a producer’s shoes, and the speed with which we shot the first schedule of Kaali was breakneck. We also did a few double and triple callsheets to try and stick to the budget.” In an industry dominated by men, it is not easy for a woman director to establish herself. Even though it has taken her a lot of time to get a project moving, Kiruthiga seems to have truly arrived now. “We are still in a male chauvinistic society. It is a little bit tougher when you’re a woman to exhibit and convince people with your talent. They still have doubts about how we will pull off the hardcore stuff and the action sequences. In other industries, women are on top of their game, but in Tamil we are still regressive. It is only when quality directors like Sudha Kongara come up and prove everybody wrong, tables turn. Women coming into writing will only better the woman roles in cinema. For instance, the four female characters in my film are definitely deeper than the shallow and squashy roles that a male counterpart would write. There’s a huge difference there.” she concludes. Also read: Jyothika's 'Kaatrin Mozhi' to go on the floors from June
See full article at The News Minute »

Neill Blomkamp’s Disaster Thriller Greenland To Star Chris Evans

Chris Evans will lead director Neill Blomkamp’s next film, Greenland, about one family’s fight for survival in the face of a cataclysmic natural disaster.

Greenland is produced by Thunder Road Picture’s Basil Iwanyk. Anton is co-financing with Riverstone Pictures. Anton’s Sébastien Raybaud and Harold van Lier are executive producing with Riverstone’s Nik Bower and Deepak Nayar. CAA Media Finance arranged the film’s financing and will represent the project’s domestic rights alongside Endeavor Content. Anton is fast emerging as a major industry player having already introduced the $40m Fireheart to buyers at Cannes.

Thunder Road developed the picture with Riverstone and UK financier Ingenious Media.

STXinternational, a division of Stx Entertainment, is handling international distribution for the highly anticipated film as well as directly distributing the film in the UK and Ireland. The company will present the project to buyers at the Marche du Film.
See full article at WeAreMovieGeeks.com »

Film4 Boards Armando Iannucci's 'The Personal History of David Copperfield'

Film4 Boards Armando Iannucci's 'The Personal History of David Copperfield'
Film4 has come aboard Armando Iannucci’s upcoming The Personal History of David Copperfield as a key financier alongside FilmNation.

The buzzed-about film — which is set to star Dev Patel, Tilda Swinton and Hugh Laurie and is a hot item in Cannes — will mark the first time that Film4 has collaborated with Iannucci (The Death of Stalin, Veep).

“We’re a significant co-financier,” said Film4’s head of creative Ollie Madden. “For us, getting involved to this significant degree is partly to do with the film — and in this case we love it. But it’s also about building a relationship...
See full article at The Hollywood Reporter - Movie News »

Cannes: Lionsgate Books Armando Iannucci's 'David Copperfield' for U.K.

Cannes: Lionsgate Books Armando Iannucci's 'David Copperfield' for U.K.
Armando Iannucci’s upcoming Dev Patel-starring The Personal History of David Copperfield has found a British home.

Lionsgate has acquired U.K. rights to the film, also to star Tilda Swinton, Hugh Laurie, Peter Capaldi and Ben Whishaw, and set to be a fresh take on Charles Dickens’ semi-autobiographical masterpiece. Iannucci – who wrote the feature alongside his fellow Oscar-nominated In The Loop writer Simon Blackwell – produces with Kevin Loader.

The Personal History of David Copperfield, which is expected to begin shooting in the U.K. in June, will chronicle the life of its iconic title character (Patel) as he navigates a...
See full article at The Hollywood Reporter - Movie News »

Lionsgate Takes U.K. Rights to Armando Iannucci’s ‘David Copperfield’

Lionsgate Takes U.K. Rights to Armando Iannucci’s ‘David Copperfield’
Lionsgate U.K. has taken British rights on Armando Iannucci’s new movie adaptation of Charles Dickens’ classic novel “David Copperfield,” the distributor announced Thursday.

The Personal History of David Copperfield” sees Dev Patel (pictured) star as the eponymous protagonist, heading an all-star ensemble that includes Oscar-winner Tilda Swinton, Hugh Laurie, Peter Capaldi, Ben Whishaw, Aneurin Barnard, Morfydd Clark, Anthony Welsh and Rosalind Eleazar.

“I’m thrilled to be teaming up with Lionsgate in the U.K. to be making this wonderful story about poverty and riches, and friendship and loss,” said Iannucci. “With such an amazing and immense cast, ‘David Copperfield’ is the ‘Infinity War’ of the 1840s.”

The story chronicles the life of Dickens’ semi-autobiographical character as he navigates a chaotic world to find his elusive place within it, from his unhappy childhood to the discovery of his gift as a storyteller and writer. The film is expected
See full article at Variety - Film News »

Lionsgate Scores UK Rights To Armando Iannucci’s ‘The Personal History Of David Copperfield’ — Cannes

Lionsgate has pre-bought UK rights to Armando Iannucci’s The Personal History Of David Copperfield. Dev Patel will star as Copperfield in the update of Charles’ Dickens classic novel, alongside Tilda Swinton, Hugh Laurie, Ben Whishaw, Aneurin Barnard, Morfydd Clark, Anthony Welsh and Rosalind Eleazar. Kevin Loader and Iannucci produce the feature, which was developed with FilmNation. Veep creator Iannucci wrote the script with Simon Blackwell (In The Loop). Shoot is…
See full article at Deadline Movie News »

Lionsgate boards Armando Iannucci's 'David Copperfield' for UK

Lionsgate boards Armando Iannucci's 'David Copperfield' for UK
Dev Patel starring in “modern re-telling” of story.

Lionsgate has taken UK rights to Armando Iannucci’s The Personal History Of David Copperfield.

Dev Patel is starring as Copperfield, joining him in the cast are Tilda Swinton, Hugh Laurie, Ben Whishaw, Aneurin Barnard, Morfydd Clark, Anthony Welsh and Rosalind Eleazar.

FilmNation handles international sales here in Cannes and jointly represents Us rights with UTA Independent Film Group.

Iannucci will direct and produces with Kevin Loader. Principal photography is expected to begin in June in the UK.

FilmNation developed the feature, written by Iannucci and Simon Blackwell, with whom Iannucci and
See full article at ScreenDaily »

Lionsgate boards Armando Iannucci's 'David Copperfield'

Lionsgate boards Armando Iannucci's 'David Copperfield'
Dev Patel starring in “modern re-telling” of story.

Lionsgate has taken UK rights to Armando Iannucci’s The Personal History Of David Copperfield.

Dev Patel is starring as Copperfield, joining him in the cast are Tilda Swinton, Hugh Laurie, Ben Whishaw, Aneurin Barnard, Morfydd Clark, Anthony Welsh and Rosalind Eleazar.

FilmNation handles international sales here in Cannes and jointly represents Us rights with UTA Independent Film Group.

Iannucci will direct and produces with Kevin Loader. Principal photography is expected to begin in June in the UK.

FilmNation developed the feature, written by Iannucci and Simon Blackwell, with whom Iannucci and
See full article at ScreenDaily »

‘Shrek’ Producer John Williams Partners With Riverstone Pictures

‘Shrek’ Producer John Williams Partners With Riverstone Pictures
Veteran animation producer John Williams (“Shrek”) is partnering with Riverstone Pictures on a slate of animated films to be budgeted in the $15 million to $20 million range, the company announced Wednesday in Cannes. The first two projects have already been greenlit.

The slate will be co-produced by Riverstone co-founder Deepak Nayar’s Kintop Pictures and WilliamsVanguard Entertainment. The first two projects under the new partnership will be “Goose Chase” and “The Silk Road Rally,” both directed by “Charming” helmer Ross Venokur. Venokur also handled Vanguard’s 2015 title “Get Squirrely.”

Williams produced DreamWorks Animation’s “Shrek,” which received the first Oscar awarded for animated film as its own category in 2001. He went on to produce sequel “Shrek 2,” and executive produce later sequels “Shrek the Third” and “Shrek Forever After,” as well as co-executive-producing spinoff “Puss in Boots” for DreamWorks.

He has since gone on to produce independent animated projects including “Valiant,
See full article at Variety - Film News »

Armando Iannucci adds Peter Capaldi to his David Copperfield movie

Yet another big name has joined the cast of Armando Iannucci’s upcoming adaptation of Charles Dickens novel David Copperfield, with former Doctor Who leading man Peter Capaldi officially on board.

Iannucci announced on his Twitter feed that Capaldi will play the kindly Mr Micawber, who is best known for his optimism and sense of hopeful expectation.

See Also: Tilda Swinton and Hugh Laurie join Armando Iannucci’s adaptation of David Copperfield

It’s not perhaps a role that immediately screams Capaldi, particularly given his past work as a series of acerbic and cynical characters.

Before he was the benevolent keeper of the Tardis keys, Capaldi played sweary spin doctor Malcolm Tucker in Iannucci’s satirical TV series The Thick of It. He also plays the intolerant busybody Mr Curry in the Paddington movies.

Iannucci’s film, entitled The Personal History of David Copperfield, is set to provide a modern take on the classic,
See full article at Flickeringmyth »

Peter Capaldi And The Thick Of It Creator Teaming Up For David Copperfield Movie

After three seasons stretched over four years in one of the most demanding jobs on television, Peter Capaldi stepped down from starring in Doctor Who last Christmas, passing the Tardis keys to incoming Thirteenth Doctor Jodie Whittaker instead. In his own words, the actor who brought the Twelfth Doctor to life has been enjoying a well-earned rest for the past few months, but now it seems he’s ready to jump into the next job.

Acclaimed writer/director Armando Ianucci, known for Veep and The Death of Stalin, is working on a modernized update of Charles Dickens’ classic David Copperfield, titled The Personal History of David Copperfield. Oscar-nominated actor Dev Patel is set to play the lead and posting on Twitter today, Ianucci revealed the identity of the individual who’s going to play the important role of Mr. Micawber – as you’ve probably guessed by now, it’s Peter Capaldi.
See full article at We Got This Covered »
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