TORONTO: The Weinstein Company has acquired Ben Stiller’s Red Hour Films-produced Submarine after an all-night bargaining session with WME. The deal is around $1 million minimum guarantee with a P&A commitment. There were three other bidders. The picture will be released in 2011. Directed by Richard Ayoade in his feature debut, Submarine is an adaptation of the Joe Dunthorne coming of age novel following a 15-year old boy through the impending breakup of his parents’ marriage and his own first relationship. The film premiered Sunday at the Winter Garden, but bidding really heated up last night. Its deal was finally closed after a marathon session between TWC’s Harvey Weinstein, David Glasser and Laine Kline, along with WME’s Graham Taylor and Mark Ankner and Protagonist’s Ben Roberts. This now makes 3 Toronto films bought by the Weinstein Co including Sarah’s Key and Dirty Girl.
Weinstein Co Buys Red Hour's 'Submarine'
What's Hot on Deadline
'It' Becoming Biggest Horror Pic Ever Beating 'The Exorcist'; 'Annabelle: Creation' Scares Up $100M+
September B.O. Booming To Near All-Time $700M Record As 'Kingsman: The Golden Circle' & 'Lego Ninjago' Enter Fall Fray
Latest TV News
- Jimmy Kimmel: Senator Bill Cassidy “Got Caught With His GOPenis Out” In Obamacare Replace Bill
- Gillian Anderson Tweets Photo Of Brian Huskey Appearing On ‘The X-Files’ Next Season
- Lawrence O’Donnell Sorry For Leaked Video Of Off-Air Rants
- ‘Power’ Copyright Suit Unplugged; “No Significant Similarities” Says Judge
- Women’s Media Summit Calls For Boycott Of Movies That Snub Female Filmmakers
- ‘Gotham’ Casts Michael Maize; Daniel Cosgrove Joins ‘You’