BREAKING: The Weinstein Company finally confirmed what Deadline told you exclusively on February 27: that the studio acquired theatrical rights to Salinger, the Shane Salerno-directed feature documentary on JD Salinger, the reclusive author of The Catcher In The Rye. TWC has set a September 6 theatrical release for the film. As Deadline reported, the deal is seven figures, around $2 million, and covers world rights except for the previous deal that licensed U.S. television rights to PBS’ American Masters. This was one of the most unusual deals in awhile, and came after Harvey Weinstein, David Glasser and the acquisition team were shown the film on the morning of the Academy Awards.
TWC was the only distributor that saw the finished film, and closed the deal right after. Salerno and his lawyer Robert Offer made three big deals for the movie, showing it only to parties that made deals, which allowed the filmmaker to avoid any leakage of revelations in the film that might have resulted with a screening for multiple buyers. It was first shown to American Masters, which quickly closed a 7-figure licensing deal to make it the 200th installment of that prestigious series early next year. It was then shown to Jon Karp and his editors from Simon & Schuster, and right after they saw it, they closed a 7-figure publishing deal for a biography that Salerno wrote with David Shields. So the movie has played three times, and resulted in deals north of $5 million, making it one of the richest pacts ever for a feature documentary. It took Salerno eight years and $2 million of his own money to make the movie and the book happen. Here is the official release from TWC: (more…)