A Margin Call has been issued, and investors have responded.
January 23, 2011
A supremely hot property since its first press and industry screening Friday morning, the financial-industry thriller has doubled its number of bidders over the ensuing 48 hours. But Roadside Attractions and Lionsgate have partnered to secure domestic distribution rights to the Premieres section film written and directed by J.C. Chandor for just under $2 million and a sizable P&A commitment. Lionsgate effectively bought the film, which Roadside will release.
Kevin Spacey, Jeremy Irons, Paul Bettany, Zachary Quinto, Demi Moore and Stanley Tucci star in the story of an investment firm on the brink of its own crisis just as the 2008 financial collapse is about to break. Though the official premiere of the film doesn’t take place until Tuesday night, the P&I screening was so packed with industry execs wanting a look that several could not gain entry. Ever since, the phones of Cassian Elwes and UTA’s Rena Ronson – the sales reps on the film – have been chirping nonstop. Myriad Pictures is repping international on the film, which was produced by Quinto’s Before the Door Pictures and Benaroya Pictures.
Ultimately, six different distributors took runs at the property, with varying degrees of commitment. First-time filmmaker Chandor is a WME client who also has his international thriller script Portofino in development at Warner Bros. and Appian Way.