UPDATE, 6:26 PM: Spike Lee is in early negotiations with producers to direct Spinning Gold, sources say. Foresight Unlimited is selling the the biopic about iconic 1970s record exec Neil Bogart internationally at AFM. Justin Timberlake has long been set to play the flamboyant Bogart in the biopic. Timberlake and Foresight CEO Mark Damon are producing with Laurence Mark and Boardwalk Entertainment’s Timothy Scott Bogart and Gary Randall. Joyce Bogart-Trabulus, Foresight’s Tamara Birkemoe and Envision Entertainment’s Remington Chase, Stepan Martirosyan and Vitaly Grigoriants are EPS on the biopic. At market in Cannes earlier this year, Spinning Gold was acquired by SPWA in Latin America, Scandinavia, Eastern Europe and Greece. U.S. rights are represented by CAA. Lee, who recently completed his latest film via Kickstarter funding, has the English-language remake of the Korean pic Oldboy out on November 27. 

PREVIOUSLY, 1:33 PM: Worldview Entertainment has come aboard to finance and produce the Stephen Gaghan-directed action thriller Candy Store. Robert De Niro, Jason Clarke and Omar Sy star in the film that interweaves several storylines set against the criminal underworld of Brooklyn’s Brighton Beach. Principal photography starts next year. When the project was announced in April, it had Lionsgate releasing in North America and Good Universe handling international sales. That has shifted, and CAA is now repping domestic with Lotus handling overseas. Gaghan wrote the screenplay with Shannon Burke. Gaghan and Allison Sheamur will produce alongside Worldview’s Christopher Woodrow and Molly Conners, and Nicolas Gonda and Ryan Rettig for Ironwood, which is investing in the film. Worldview’s Maria Cestone and Sarah E. Johnson and Lotus’ Bill Johnson and Jim Seibel will exec produce alongside Michael G. Macs for Ironwood, Allyn Stewart and Kipp Nelson for Flashlight Films and Suzanne Joskow for Unsupervised.

XLrator Media has acquired all U.S. rights to horror-thriller Feed The Gods for its Macabre horror label. Shawn Roberts (Resident Evil: Afterlife), Tyler Johnston (The Killing), Emily Tennant and Aleks Paunovic star in the project that follows two brothers searching for their long lost parents and end up in a small mountain town that is home to a mythical Bigfoot-like creature. Braden Croft (Hemorrhage) directs from a script he wrote. Random Bench’s Liz Levine and Adrian Salpeter produced. Bleiberg Entertainment’s Ehud Bleiberg and Nicholas Donnermeyer executive produced with Roberts and Eduard Witzke. Compound B is handling worldwide sales.