The yearlong Dumb And Dumber To legal battle between Red Granite Pictures and producers Steve Stabler and Brad Krevoy is over. The producers today requested their racketeering allegations against the financiers be dismissed. This filing (read it here) means, I’ve learned, that the two sides have reached a confidential settlement to the lawsuit that Red Granite launched last July 15 to get the franchise’s original producers off the sequel. RGP said at the time that Stabler and Krevoy had no right to be a part of the Universal-distributed follow-up to the 1994 hit. No right translated into no credits or fees for the producers on the $35 million budget-project. While details were not disclosed, settlements in cases like this mean it’s very likely you’ll see Stabler and Krevoy in the Dumb And Dumber To credits now.
This wasn’t exactly down to the wire but it was getting close. A hearing on the claims of racketeering and other illegal activity was set for August 19. Even with today’s filing, the case itself is still formally scheduled to go to trial October 9, or just more than a month before the Jim Carrey- and Jeff Daniels-starring comedy sequel opens November 15, 20 years after the original. However, expect that to disappear from the docket soon.
Things in the case ever took an underworld turn this year when the defendants alleged that The Wolf Of Wall Street financier RGP was fueled … Read More »
The long-simmering Dumb & Dumber To producers’ lawsuit has really heated up in recent weeks. Noting allegations that I reported back in late January, Steve Stabler and Brad Krevoy are now claiming that financiers Red Granite is awash in “ill-gotten gains” and dirty money. “Red Granite is funded with monies that include proceeds from unlawful activities,” says an amended complaint filed late last month by the two producers (read it here). “Defendants have engaged in a pattern of racketeering activity, in that they have engaged in multiple financial transactions within the United States — including financing of The Wolf Of Wall Street and then separately financing Dumb And Dumber To — with knowledge that the property involved represented the proceeds of unlawful activity and with knowledge that the transactions were designed to conceal the nature, location, source, ownership, or control of the proceeds of the illegal activity,” the 25-page March 25 filing adds alleging violations of much Mob-used RICO Act. Red Granite principal Riza Aziz is the stepson of the Prime Minister of Malaysia and has been accused by the likes of former UK PM Gordon Brown’s sister-in-law of financing the company through illicit funds from that country and others.
Related: ‘Dumb And Dumber To Hit Theaters In November 2014
Read More »
David Koplan has joined upstart production, finance, and international sales outfit Red Granite Pictures as Head of Physical Production and Development. Koplan, whose producing credits include Sundance pic Chrystal and Tim Blake Nelson’s Leaves of Grass (as exec producer), is exec producing Marc Lawrence’s untitled Hugh Grant and Marisa Tomei starrer and is producer on Stuart Blumberg’s Thanks For Sharing starring Mark Ruffalo and Gwyneth Paltrow. He’ll work closely with Red Granite Chairman Riza Aziz and Vice Chairman Joey McFarland in his new post starting with the comedy sequel Dumb and Dumber To. Red Granite’s upcoming slate includes Martin Scorsese’s The Wolf of Wall Street, Daniel Radcliffe starrer Horns, and the Relativity release Out of the Furnace.
Related: ‘Dumb And Dumber’ Sequel Producers Countersue Red Granite
Dumb And Dumber producers Brad Krevoy and Steve Stabler got personal in a countersuit filed today against Red Granite Pictures and its principals Joey McFarland and Riza Aziz. The pair are suing for compensation they claim they’re owed on the upcoming sequel Dumb And Dumber To, which is being prepped without their involvement by Red Granite who stepped in to back the project after WB fell out. Accusing McFarland and Aziz of “unlawful and unethical conduct,” Krevoy and Stabler’s suit asserts that they were wrongfully squeezed out of the sequel by the Red Granite camp and demand $400K they say they’re entitled to based on their initial contract with New Line.
But it gets juicier. “McFarland’s and [Aziz’s] misconduct and hubris will cause Red Granite to crash and burn,” continues the suit, questioning whether other talent on the project will want to work with the company. “Further, McFarland and [Aziz] lack the experience necessary to successfully produce motion pictures themselves. Although Red Granite apparently has family money from [Aziz], Red Granite will not succeed with money alone because McFarland and [Aziz]‘s experience producing motion pictures during their short tenure in the industry consists of cavorting at nightclubs with Paris Hilton and making dinner reservations at posh nightclubs in New York and Los Angeles.”
Related: Red Granite Sues To Exclude Original ‘Dumb & Dumber’ Producers From Sequel
Read More »
The multiple legal disputes between producers over credit on the upcoming Martin Scorsese-directed The Wolf Of Wall Street are over. Red Granite Pictures and Alexandra Milchan issued the following statement today:
Los Angeles, CA – October 3, 2012 – It was announced today that Red Granite Pictures and Alexandra Milchan have settled their legal dispute over the much anticipated film “The Wolf of Wall Street” and dismissed their respective lawsuits against one another.
Red Granite Pictures owns the rights to Jordan Belfort’s best-selling memoir The Wolf of Wall Street, on which the film is based and is fully financing the film and producing with Appian Way, Sikelia Productions and EMJAG Productions.
Producers are Riza Aziz and Joey McFarland (Red Granite Pictures), Leonardo DiCaprio (Appian Way) and Martin Scorsese and Emma Koskoff (Sikelia Productions). Alexandra Milchan is an executive producer.
Red Granite’s foreign sales arm, Red Granite International, led by Danny Dimbort and Christian Mercuri, is handling international sales on the film.
Read More »
BREAKING: In a pre-Cannes foreign sales shakeup bombshell, Millennium/Nu Image partner Danny Dimbort has left and joined forces with Red Granite Pictures. He’s taking the role of president in the foreign sales company Red Granite International, and has taken with him Christian Mercuri, who’ll be co-president, and Joe Gatta, who’ll be president of production. Relations between Dimbort and Avi Lerner have been strained for a long time. In January 2010, I reported as much, when Dimbort was gone for weeks and speculation was high that he would leave because he and Lerner disagreed on the kinds of movies they should be making. At the time, Lerner scoffed at the speculation, saying Dimbort was “categorically not departing, and whoever is telling you that is just being mean. We’ve been partners for 30 years, he’s my best friend, and I love him to death. You want a problem? It’s that the American government doesn’t give a shit about the piracy of our product that’s taking place around the world. The stuff about Danny is bullshit.”
Relations got even more strained when Dimbort was busted by the Producers Guild for giving a producing credit to his teenage granddaughter. Now, I’d always heard Dimbort did this to make a point, because he was pissed that Lerner was putting girlfriends into producing and other positions where they would receive credit. Last year, I’d heard that Dimbort was bought out of his equity position in the company, but that it didn’t mean he was leaving. Now, he’s gone. Read More »