EXCLUSIVE: Metropolitan Inc, led by film industry veteran James Schramm, is about to announce it has acquired the U.S. theatrical distribution rights from rights holder Rollercoaster Entertainment to Casino Jack. I’ve heard the company committed 8 figures to acquire and support the planned nationwide release of Casino Jack this fall, including $9M P&A and an aggressive Oscar campaign.
The feature film produced by George Vitetzakis directed by George Hickenlooper (Factory Girl) from an original screenplay by Norman Snider, stars 2-time Academy Award winner Kevin Spacey as Jack Abramoff, the high-powered Washington D.C. lobbyist convicted in 2006 of defrauding American Indian casinos and now behind bars. Spacey and Hickenlopper visited Abramoff in prison during the pic’s development. Casino Jack marks Metropolitan’s first foray into film distribution. This newly launched arm of the motion picture media company will service approximately 20 releases per year.
CAA together with Cassian Elwes brokered the deal on behalf of Rollercoaster Entertainment which also provided production financing as well as Standard Chartered Bank (Hong Kong), HSBC (Canada) and Media Capital Group. Hannibal Pictures is handling international sales.
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