TopGunMaverick helmer Joseph Kosinski will direct BradPitt in a movie about Formula One
The key to the deal is a theatrical distribution component. But instead of a token release in a small number of theaters or a day-and-date opening, the movie would have an exclusive — and global — run of at least 30 days before heading to the Apple TV+ platform. A distribution partner would need to come on board, and it’s unclear when one would be approached. That could happen before production, potentially enticed by a sizzle reel, or perhaps after production has wrapped.
In another first, insiders say the theatrical component is structured in a way that would see Apple and the filmmakers split the take from the big-screen release 50-50. The unique deal, in essence, pays the creative team three ways: their upfront fees, their hefty buyout fees and the theatrical backend. Sources say Kosinski, who will also produce, and Bruckheimer will see paydays well into the eight figures, with Pitt and his company hitting $40 million to $50 million. Apple had no comment.
Before this deal, creatives and their reps had a Sophie’s choice of sorts to make: take a buyout or push for a theatrical release? But CAA, which represents Pitt, Kosinski and Bruckheimer, pushed for another answer: Why not both?s Tom Cruise, Pitt is as big of a name on a worldwide scale. And F1 is a growing and sexy sport that embodies a certain kind of enviable lifestyle.
The idea for the project originated with Kosinski, who is proving to be an idea igniter after having cut through the years-longmorass with a lightbulb of a concept that engaged Cruise to make a sequel.
In December, the project was shopped by CAA to the studios and steamers in a tight 30-minute pitch that elicited instant offers. In the end, it came down to Apple, Netflix, Amazon and MGM, then run by Michael De Luca. (The latter executive is now in a
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