EXCLUSIVE: While several studios are in the mix on the Steven Soderbergh-directed Magic Mike, I’m told that Warner Bros has emerged as the frontrunner to acquire domestic distribution rights and that a deal could be done by next week. The film, which is wrapping this week, stars Alex Pettyfer and Channing Tatum in a Saturday Night Fever-type coming-of-age drama about a young exotic dancer who is schooled by a veteran of the trade. The picture’s budget was ponied up by Soderbergh and Tatum, with Glen Basner at FilmNation making offshore sales. Script was written by Reid Carolin. He’s Tatum’s production partner and they are producing the film with Nick Wechsler and Gregory Jacobs.
The film’s based on Tatum’s own experiences when he became an exotic dancer before breaking into acting. The film has drawn an ab-centric cast that includes Matthew McConaughey, Matt Bomer and Joe Manganiello. Warner Bros seems a good fit for the material. The studio just distributed Soderbergh’s hit Contagion, and Warner Bros will make his next film, The Man From UNCLE, which is in the process of getting a new title character after George Clooney exited the project because he’s having some surgery.