EXCLUSIVE: More than 31-years after the 40th President of the United States ordered an invasion of Grenada, Ronald Reagan is returning to the Caribbean Island. Grenada is one of dozens of Latin American nations included in a sweeping deal struck today at AFM between Sun Distribution Group and Manifest Film Sales to bring the Reagan biopic to the region. “We are thrilled to see such an amazing global icon finally make it to the big screen and are proud to be the Latin American distributor,” said a spokesperson for the Buenos Aires-based Sun. “We’re excited to be partnering with Sun and based on their track record, expect great things in Latin America,” added EP Mark Joseph. Andrew Brown of Manifest negotiated the agreement for the producers.
Based on Paul Kengor’s books such as the bestselling The Crusader: Ronald Reagan And The Fall Of Communism, the pic about the Gipper is written for the screen by Space Cowboys scribe Howard Klausner. Budgeted at $35 million, the story of Reagan’s career, rise to the White House and battle to defeat what he called the “evil empire” is told from the POV of an admiring and envious ex-KGB officer. The Giver and Netflix’s upcoming Crouching Tiger, Hidden Dragon: The Green Legend EP Ralph Winter is executive producing with Joseph. Still searching for a director for Reagan, the producers made a foreign sales agreement with UK-based Intandem Films unit Manifest earlier this year at the Cannes Film Festival.
While no details of how exactly much money changed hands were available, the big new deal is apparently lucrative, sources say. Indie centric Sun will distribute the pic in markets such as Mexico, Nicaragua, Argentina, Brazil, Chile, Barbados, Bermuda, Haiti, Jamaica, St Barts, St Eustatius, St Kitts and Nevis, and Trinidad among over 45 in total.
Elected and re-elected in landslides, Reagan was President from 1981 to 1989. Essentially retiring from public life in 1994 due to Alzheimer’s disease, Reagan died in 2004 at the age of 93.