Latest in 47 Meters Down

Purely Capital, the UK startup that has launched a FinTech (financial services technology) receivables platform allowing rights owners to cashflow license fee payments, says it is has secured a $150M institutional funding line that will allow it to operate at 'bank level' pricing. The backer is a big-ticket financial…

EXCLUSIVE: 47 Meters Down producers James Harris and Mark Lane are exiting their partnership with UK financier The Fyzz Facility to relaunch their former label Tea Shop Productions with financier Head Gear Films (The Boy Who Harnessed The Wind). Development and production executive Leonora Darby will also be leaving…

5th Updates, Sunday 7:27 AM & 10:13AM: Cars 3 dipped 7% on Saturday for an estimated $18.1M, bringing its opening weekend to $53.5M per Disney. That’s the 16th Pixar film to open at No. 1. While that’s the lowest opening stateside in the Cars series, it should be noted that this movie typically plays younger, evident…

Disney/Pixar’s Cars 3 will seize the weekend from Warner Bros./DC’s Wonder Woman with an opening in the high $50M-low $60M range at 4,200 estimated theaters. Should Cars 3 park in the upper part of that range, it will be a good hold for this sequel which saw an increase between the opening of its 2006 first…

Byron Allen’s new Freestyle Releasing has picked up its second title, acquiring the shark attack thriller 47 Meters Down from Dimension Films, which acquired the pic in 2014. The deal for North American distribution rights includes a 2500-plus screen theatrical release set for 2017. Mandy Moore and Claire Holt star as…

EXCLUSIVE: The Vampire Diaries and The Originals star Claire Holt has landed the co-lead role opposite Mandy Moore in 47 Meters Down, the Dimension Films underwater thriller that the label picked up last spring. Production is now set to start in June with Mark Lane and James Harris producing via their The Tea Shop and…

Mandy Moore has closed a deal for a starring role in Dimension Films’ thriller 47 Meters Down. Directed by Johannes Roberts (Storage 24), pic centers on two sisters, Kate and Lisa, who are trapped in an observation cage at the bottom of the ocean, with oxygen running low and hungry great whites circling nearby. Moore…

Dimension Films has acquired N.A. rights to 47 Meters Down, a thriller set at the bottom of the ocean about two sisters trapped in an undersea observation cage who must survive a dwindling oxygen supply and the hungry great whites circling nearby. The contained two-hander is being touted as “Gravity, but underwater.&#8221…