Lionsgate had no comment Monday. Annapurna decided on Oct. 9 to back out of the project due to budgetary concerns. Focus Features was considering a move to come on board, but that has not materialized. Bron Studios is expected to co-finance the film.
Despite Annapurna’s withdrawal, the project remains attractive due to its pedigree and an all-star cast that includes Kidman, Theron, John Lithgow, Kate McKinnon, and Margot Robbie. The film is directed by Jay Roach (“Trumbo”) and written by Academy Award winner Charles Randolph (“The Big Short”).
The movie focuses on Ailes’ downfall as seen through the eyes of a group of female employees. Kidman will play Gretchen Carlson, the Fox News anchor who sued Ailes for harassment in 2016, and Theron will portray Megyn Kelly,