Sturgess, Sarandon to start in first pic under new equity fund

AngelWorld Entertainment, which launched its $150 million equity fund in Cannes on Saturday, is set to finance and produce comedic drama “The Big Shoe” starring Jim Sturgess and Susan Sarandon.

Pic is directed by “Secretary” helmer Steven Shainberg from a script he co-wrote with Mickey Birnbaum.

Andrew Lazar’s Mad Chance Productions will produce alongside AngelWorld Entertainment’s Darby Angel.

Story follows a gifted shoe designer who is forced to break free from a family who wants to cheapen his art for their own commercial gain. Soon his overbearing mother hires a psychotherapist and a muse to lure him back to work.

Pic, which is skedded to lens in autumn 2012, is being shopped internationally by HanWay Films. CAA will rep North American rights.

“This project has all the elements we were looking for to satisfy our financing model,” said AWE’s Darby Angel. “The script is strong, as is the cast and the creative team. It’s great to work with an experienced and reputable producer like Lazar. ‘The Big Shoe’ ticks all the boxes, especially as our investment criteria are non-negotiable.”

Sturgess is repped by Megan Willis of Garricks and CAA.

Sarandon is repped by ICM while Shainberg is repped by Industry Entertainment.

Deal was negotiated by CAA.

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