EXCLUSIVE: A frenzied Saturday auction on the Croisette has ended with FilmDistrict in final negotiations for U.S. distribution rights to Looper, the Rian Johnson-directed science fiction film that stars Joseph Gordon-Levitt, Emily Blunt and Bruce Willis. There were at least six bidders spanning major studios and independents, and it sounds like some serious upfront money was paid. But the intriguing part is that the deal orchestrated between CAA and FilmDistrict’s Peter Schlessel will likely end in FilmDistrict using an option with Sony Pictures, which would release and market the film through the TriStar label. That replicates the distribution structure of District 9, which Schlessel acquired while he was at Sony. The picture has a similarly brainy construct and is also reminiscent of the first Terminator.
Johnson wrote the script, about a contract killer who works for the mob of the future, and who kills victims that are sent back in time 30 years, so there is no trace of the crime in the future. It’s a great gig, until the killer (Gordon-Levitt) recognizes that one of his targets (Willis) is a futuristic version of himself. Piper Perabo, Paul Dano and Jeff Daniels also star. The film was financed by Endgame’s James Stern, who produced with Johnson’s partner Ram Bergman.
CAA still has to paper the deal, but that likely gives Sony and Amy Pascal its second release schedule addition in the last 24 hours. As Deadline revealed early Saturday, the studio acquired the David Frankel-directed Great Hope Springs with Meryl Streep, Tommy Lee Jones and Steve Carell starring. (more…)