Octopus wraps arms around ‘High’

Velvet 'Stakes' thriller

Simon Crowe’s finance/sales entity Velvet Octopus has signed a deal to finance action thriller “High Stakes,” with David R. Ellis (“Snakes on a Plane”) attached to direct.

The $30 million project will be produced by Matthew Rhodes and Judd Payne of Persistent Entertainment and Keri Selig’s Intuition Prods. Tawny Ellis Lehman, David R. Ellis’ producing partner, will co-produce.

Currently casting, the movie’s set to shoot in the spring. Script by Ronnie Christensen (“Passengers”) centers on two friends who get in over their heads on a gambling trip to Las Vegas and become the subjects of a deadly high-stakes bet.

Velvet Octopus exec Damon Lane brought the project in to Crowe. Rhodes, Payne and Selig partnered on producing “Passengers” for Mandate/Sony, with Rodrigo Garcia directing and Anne Hathaway and Patrick Wilson starring.

Matthew Joynes and Jason Piette of Velvet Octopus have put together the financing from a number of sources, including the company’s own.

Persistent is preparing Cannes Film Festival official selection “Southland Tales” for release later this year, as well “Walker Payne” and “Freshman Orientation.” It’s in post-production on “The Beautiful Ordinary.”

More Film

  • Disney Appoints Carol Choi as Korea

    Disney Appoints Carol Choi as Korea GM

    Simon Crowe’s finance/sales entity Velvet Octopus has signed a deal to finance action thriller “High Stakes,” with David R. Ellis (“Snakes on a Plane”) attached to direct. The $30 million project will be produced by Matthew Rhodes and Judd Payne of Persistent Entertainment and Keri Selig’s Intuition Prods. Tawny Ellis Lehman, David R. Ellis’ producing […]

  • DUBAI, UNITED ARAB EMIRATES - DECEMBER

    Dubai: Festival President Abdulhamid Juma on Growing The Market and Opening to TV

    Simon Crowe’s finance/sales entity Velvet Octopus has signed a deal to finance action thriller “High Stakes,” with David R. Ellis (“Snakes on a Plane”) attached to direct. The $30 million project will be produced by Matthew Rhodes and Judd Payne of Persistent Entertainment and Keri Selig’s Intuition Prods. Tawny Ellis Lehman, David R. Ellis’ producing […]

  • oprah actors on actors

    Oprah Winfrey to Receive 2018 Cecil B. DeMille Award at the 75th Annual Golden Globes (Watch)

    Simon Crowe’s finance/sales entity Velvet Octopus has signed a deal to finance action thriller “High Stakes,” with David R. Ellis (“Snakes on a Plane”) attached to direct. The $30 million project will be produced by Matthew Rhodes and Judd Payne of Persistent Entertainment and Keri Selig’s Intuition Prods. Tawny Ellis Lehman, David R. Ellis’ producing […]

  • Kevin Hart Great Outdoors

    Film News Roundup: Kevin Hart Boards Action-Comedy 'On the Run' at Universal

    Simon Crowe’s finance/sales entity Velvet Octopus has signed a deal to finance action thriller “High Stakes,” with David R. Ellis (“Snakes on a Plane”) attached to direct. The $30 million project will be produced by Matthew Rhodes and Judd Payne of Persistent Entertainment and Keri Selig’s Intuition Prods. Tawny Ellis Lehman, David R. Ellis’ producing […]

  • Star Wars: The Last Jedi

    AMC Adding Late-Night Screenings for 'Star Wars: The Last Jedi'

    Simon Crowe’s finance/sales entity Velvet Octopus has signed a deal to finance action thriller “High Stakes,” with David R. Ellis (“Snakes on a Plane”) attached to direct. The $30 million project will be produced by Matthew Rhodes and Judd Payne of Persistent Entertainment and Keri Selig’s Intuition Prods. Tawny Ellis Lehman, David R. Ellis’ producing […]

  • Donald Trump 'Mentally Unfit' to Be

    Donald Trump Is 'Mentally Unfit' to Be U.S. President, Rob Reiner Says

    Simon Crowe’s finance/sales entity Velvet Octopus has signed a deal to finance action thriller “High Stakes,” with David R. Ellis (“Snakes on a Plane”) attached to direct. The $30 million project will be produced by Matthew Rhodes and Judd Payne of Persistent Entertainment and Keri Selig’s Intuition Prods. Tawny Ellis Lehman, David R. Ellis’ producing […]

  • Tiffany Haddish Girls Trip

    Tiffany Haddish Joins Ike Barinholtz in Satirical Thriller 'The Oath'

    Simon Crowe’s finance/sales entity Velvet Octopus has signed a deal to finance action thriller “High Stakes,” with David R. Ellis (“Snakes on a Plane”) attached to direct. The $30 million project will be produced by Matthew Rhodes and Judd Payne of Persistent Entertainment and Keri Selig’s Intuition Prods. Tawny Ellis Lehman, David R. Ellis’ producing […]

More From Our Brands

Access exclusive content