Summit Entertainment has set Catherine Zeta-Jones G.I. Joe: Retaliation’s Byung-Hun Lee for Red 2, a sequel to the geriatric action comedy. Bruce Willis, John Malkovich, Mary-Louise Parker and Helen Mirren …
Emmett/Furla Films, a company that has been growing more ambitious in the film financing and production arena, has teamed with Stepan Martirosyan and Remington Chase’s Envision Entertainment to establish a new $250 million revolving equity and debt fund to finance a new slate of star-driven commercial films. The fund was announced as EFF principal Randall Emmett comes to Toronto to make deals on films that include the Allen Hughes-directed political corruption drama Broken City, which stars Mark Wahlberg and Russell Crowe, and Frozen Ground, the fact-based thriller about a serial killer in Alaska that will star Nicolas Cage and John Cusack. Martirosyan and Chase are executive producers on the latter.
The fund carries no set restrictions on how and where capital is allocated, but it will continue EFF’s momentum. The company recently financed the Stephen Frears-directed Lay The Favorite — with a cast that includes Bruce Willis, Rebecca Hall, Vince Vaughn and Catherine Zeta-Jones — with films in the works that include the David Ayer-directed crime drama End of Watch with Jake Gyllenhaal and Anna Kendrick; Fire with Josh Duhamel, Willis and Rosario Dawson; and Freelancers, a drama that stars Robert De Niro, Forest Whitaker and Curtis “50 Cent” Jackson. EFF’s Emmett continues to be Jackson’s partner in Cheetah Vision Films, which has a deal at Lionsgate. EFF will make nine films this year.
EXCLUSIVE: Russell Crowe is set to star alongside Mark Wahlberg in the Allen Hughes-directed independently financed noir drama Broken City. Production begins in November. Wahlberg plays an ex-cop-turned-private detective who is hired by the mayor (the role Crowe will play) to see if his wife is cheating on him. The private eye confirms those suspicions, and when the mayor’s wife’s cheating partner ends up dead, the private eye immerses himself in the mayor’s business and uncovers a real estate scandal that involves the pol dealing himself choice city-owned properties. The script by Brian Tucker made the 2008 Black List. The $60 million film will be financed by Emmett/Furla Films.
Wahlberg is producing through his Closest to the Hole banner; Stephen Levinson through Leverage; and Randall Emmett, George Furla and Hughes are also producing. Wahlberg and Levinson, partners on Entourage and Boardwalk Empire, just wrapped the drama Contraband. Crowe is costarring as Jor-El in the Superman reboot Man of Steel and just wrapped The Man With The Iron Fists.