BREAKING: The Weinstein Company has confirmed the scoop Deadline Hollywood broke on Oscar morning, that while most people were getting dressed for the Oscars, Harvey Weinstein was wrapping up one of two deals that could give him Oscar contenders for the next race, sewing up distribution rights to Grace Of Monaco. Later, Deadline reported Weinstein closed a deal for the Shane Salerno-directed Salinger, after getting an exclusive first look at that docu on J.D. Salinger the same weekend his team closed the Grace Of Monaco deal. TWC has set a December 27 limited release for Grace Of Monaco, and Salinger will be released September 6.
I reported that TWC wrapped up a deal to acquire domestic rights to Grace Of Monaco, the Olivier Dahan-directed drama that stars Nicole Kidman as actress-turned-princess Grace Kelly, and Tim Roth as Monaco’s Prince Rainier III. I’m hearing that TWC has made a big bet, paying a $5 million minimum guarantee and a P&A commitment around $10 million for a minimum 800-screen run. CAA shopped domestic rights and established the film as a hot buzz title by showing sizzle reel footage at Berlin. TWC’s Weinstein and David Glasser made the deal Friday night here in Hollywood with CAA on behalf of Pierre-Ange Le Pogam, who produced the film with Uday Chopra and Arash Amel. Amel wrote the script. Here is the official announcement:
The Weinstein Company (TWC) announced today their acquisition of the U.S. distribution rights to the upcoming Grace Kelly biopic GRACE OF MONACO. The film is directed by Olivier Dahan (LA VIE EN ROSE) with a screenplay by Arash Amel (ERASED.) Pierre-Ange Le Pogam of Stone Angels produced with YRF Entertainment’s Amel and Uday Chopra. Screened by TWC executives in London earlier this month, GRACE OF MONACO is set to have a December 27th limited release.
Commenting on the deal, Dahan said: “It has been a wonderful experience to be working with Nicole, Tim, Frank, and the whole group. I am very happy now to share the experience with Monsieur Weinstein and the whole team at TWC. This is exciting.”
“More than thirty years after her death, Grace Kelly’s story continues to be one of insurmountable allure and we are so happy Olivier Dahan has brought it new life,” commented TWC Co-Chairman Harvey Weinstein. “As always, Nicole Kidman’s commanding performance is the perfect portrait of a woman who was not only royalty, but who also remains a legend of the silver screen and fashion icon.”
GRACE OF MONACO stars Academy Award® winner Nicole Kidman (RABBIT HOLE, THE HOURS, MOULIN ROUGE!) in the lead role as Kelly and Tim Roth (ARBITRAGE, PULP FICTION, RESEVOIR DOGS) as her husband, Prince Rainier III. The film also features Milo Ventimiglia, Frank Langella, Parker Posey, Paz Vega, and Derek Jacobi in supporting roles.
The deal was negotiated in Los Angeles by COO David Glasser and Michal Steinberg for The Weinstein Company with CAA and Le Pogam on behalf of the filmmakers.