Latest in STX

EXCLUSIVE: We hear that STX Entertainment has made cuts, notably in its theatrical distribution and marketing departments in the lower-level executive tiers and down. The news comes as STX is pivoting away from 12 theatrical releases a year and more toward a multi-tiered distribution model. It plans to make 15 films a…

As STX looks to untangle itself from previous company Eros and segue to its new finance partner Najafi Companies, the Robert Simonds studio has put its Chris Pine-Ben Foster thriller, The Contractor, in Chapter 11 bankruptcy. Showtime and Paramount Pictures Home Entertainment, as Deadline first told you, acquired U.S…

EXCLUSIVE: Heat director Michael Mann is getting closer to the start line on his passion project Ferrari thanks to some strong new cast and a big domestic deal with STX. We can reveal that Oscar nominee Adam Driver, Oscar winner Penélope Cruz and Emmy nominee Shailene Woodley are newly aboard for the big-budget…

Lionsgate on Thursday posted revenue of $885 million for its fiscal third quarter ended in December, up from $836 million a year ago but below Wall Street forecasts of just under $1 billion. A net loss of 20 cents a share was in line. The stock is off about 5% in late trading on the news. Starz’s net global streaming…

STX Entertainment, the studio built by Robert Simonds, has freed itself from an ill-starred 2020 merger with Mumbai-based Eros Intl. Entering a definite agreement to acquire STX for $173 million is Jahm Najafi’s Phoenix-based The Najafi Companies. The takeover could be an interim step on the way to a later, possibly…

EXCLUSIVE: STXfilms has entered into a first-look film deal with CrossCheck Studios, the production company founded this year by internet entrepreneur and mega-influencer Josh Richards and co-presidents Michael Gruen and Chris Sawtelle. Richards, 19, is an entrepreneur, musician, writer, actor and host with a reach of…

EXCLUSIVE: STXfilms has acquired worldwide rights to Bed Rest, a supernatural thriller to star In the Heights’ Melissa Barrera for writer-director Lori Evans Taylor, who will make her directorial debut. After years of struggling to start a family, Julie Rivers (Barrera) is pregnant again and moving into a new home…

EXCLUSIVE: In the biggest deal to go down at this year’s Cannes virtual market, STX has beaten out a number of rival bids for worldwide rights to the Gerard Butler action sequel Greenland: Migration. STX is stumping up around $25 million for domestic rights in a deal cut with Euro producer-seller Anton and CAA Media…

STXfilms has dated four movies for theatrical release: the Kristen Bell-Vince Vaughn coupon comedy Queenpins for Sept. 10, the sports drama National Champions for Nov. 24, the Chris Pine-Ben Foster reteam Violence of Action for Dec. 10 and Guy Ritchie’s untitled film for Jan. 21, 2022. "We have been busy building a…

EXCLUSIVE: In a competitive situation, German major Leonine has won rights to recently announced Vin Diesel-F. Gary Gray action comedy Muscle, marking the first major deal reported on during the Cannes virtual market. The splashy pre-sale, in the high seven figures, is one of the biggest single territory deals to go…

EXCLUSIVE: Emma Tammi will direct STXfilms’ upcoming horror thriller Dollhouse, a project which Selena Gomez is producing through her July Moon label and is eyeing to headline. The screenplay by Michael Paisley, a psychological thriller in the spirit of Black Swan, is set in the world of the upper echelon of New York…

EXCLUSIVE: Emmy and Tony winner Kristin Chenoweth, Jeffrey Donovan, and Lil Rel Howery have joined Stephan James and J.K. Simmons in National Champions, the STXfilms sports drama which is being directed by Ric Roman Waugh. The film also stars Uzo Aduba, Alexander Ludwig, Andrew Bachelor, David Koechner, Tim Blake…