U, Playtone have deep pockets for Felt
Universal Pictures and Playtone partners Tom Hanks and Gary Goetzman have inked with W. Mark Felt, the retired FBI man who recently admitted he was the famous anonymous source. Felt was the shadowy insider who aided Washington Post reporters Bob Woodward and Carl Bernstein in exposing the Nixon administration’s role in the Watergate and its cover-up. In a deal completed Wednesday, Universal bought the life rights of Felt and his family, as well as those of John O’Connor, the San Francisco attorney whose article reveals Felt’s secret in the July issue of Vanity Fair. The studio bought the VF article as well as Felt’s 1979 memoir and another book that Felt and O’Connor plan to write.