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Sundance: Weinstein Company And Ron Burkle Make Big Buy Of ‘My Idiot Brother’

Mike Fleming

EXCLUSIVE: The Weinstein Company has closed a deal for the Paul Rudd comedy My Idiot Brother that will amount to a minimum guarantee of $6 million-$7 million, and a $15 million P&A commitment for a wide theatrical release. That makes My Idiot Brother the biggest deal of the Sundance Festival so far, but there’s an intriguing component here. Ron Burkle, who backed Harvey and Bob Weinstein’s attempt to acquire Miramax Films and its library, will be a partner on the acquisition, the first of what is rumored to be the beginning of an ongoing relationship.

The deal comes after a marathon auction that began last night with TWC, Relativity Media and Fox Searchlight. The action on began right after the premiere screening finished. The two parties chasing it hardest were Relativity Media and The Weinstein Company. The discussions were still taking shape around 2 AM, and the feeling was the film had a good shot to reach $5 million. Reaction to the film was that it was more heartfelt than broad comedy, and some of the players looking for a can’t miss wide release  weren’t biting. Bidders broke at 6:30 AM, with TWC prevailing.  Harvey Weinstein, David Glasser and Pete Lawson reached terms with the UTA team and producers Anthony Bregman, Marc Turtletaub and Peter Saraf earlier today and the deal is being signed. It’s a bold play by the … Read More »

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Sundance: ‘Like Crazy’ Closes Deal With Paramount And Indian Paintbrush

Mike Fleming

UPDATE, 8:25 AM: As I tipped you yesterday, Paramount’s Adam Goodman and acquisitions exec Matt Brodie and Indian Paintbrush’s Peter McPartlin closed the deal with the UTA team today around 6 AM for the Super Crispy Entertainment production Like Crazy about young love from co-writer and director Drake Doremus (Douchebag). I’m told it was a $4 million minimum guarantee and a “substantial” 7-figure P&A commitment. Adam Goodman, President of Paramount’s Film Group, and Matt Brodlie, SVP of Productions and Acquisitions for Paramount, along with Indian Paintbrush’s President of Production Mark Roybal, negotiated for the rights with the film’s reps Rich Klubeck and David Flynn from UTA, along with producer Jonathan Schwartz and Doremus’ attorney Lawrence Kopeikin from Morris Yorn. Later Goodman said in a statement, “Along with our partners at Indian Paintbrush, we are extremely pleased to be a part of such a great movie, and look forward to working with Drake, Jonathan, Andrea and a tremendous cast of actors.” Starring Anton Yelchin, Felicity Jones, and Jennifer Lawrence, Like Crazy was written by Doremus and Ben York Jones about a British college student who falls for an American student, only to be separated from him when she’s banned from the U.S. after overstaying her visa. ”

EXCLUSIVE 3:09 AM: Into the wee hours of Sunday, the 2011 Sundance Film Festival was inching close to its first big deal. I’m … Read More »

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Sundance: ‘My Idiot Brother’ Heats Up; Kevin Smith Bummed, Morgan Spurlock Sells Out; Roger Corman Blows Up

Mike Fleming

In other Sundance news… The action on the Paul Rudd comedy My Idiot Brother began right after the premiere screening finished. The two parties chasing it hardest were Relativity Media and The Weinstein Company, with talk of a third bidder as well. The discussions were still taking shape around 2 AM, and the feeling was the film had a good shot to reach $5 million. Reaction to the film was that it was more heartfelt than broad comedy, and some of the players looking for a can’t miss wide release weren’t biting…

The unfortunate timing of Sunday’s Red State premiere –it starts right around the beginning of the fourth quarter of the New York Jets-Pittsburgh Steelers AFC Championship game created misunderstanding between director Kevin Smith and partner Jon Gordon over a football viewing party organized by Harvey Weinstein, but Harvey was quick to make it clear he was there to show love for the filmmaker he launched with Clerks. Smith and Gordon, who named their Harvey Boys banner for Weinstein, felt this way, according to an insider: “Kevin and Jon feel like the kids whose dad doesn’t show up for their baseball game because he went to a strip bar with the guys from the office instead.” Weinstein told me that despite the party, he never planned to miss Smith’s … Read More »

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Steve Coogan Joins ‘My Idiot Brother’

Mike Fleming

Steve Coogan has joined the cast of My Idiot Brother, the Jesse Peretz-directed indie comedy that is shooting in New York with Paul Rudd, Elizabeth Banks, Zooey Deschanel, Emily Mortimer, Rashida Jones and Adam Scott. The film’s about family and the sacrifices it takes to deal with them. It’s a co-production between Anthony Bregman’s Likely Story and Peter Saraf and Marc Turteltaub’s Big Beach. Coogan plays a self-righteous documentary filmmaker. Evgenia Petertz and David Schisgall wrote the script.

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