IM Global is selling international territories at the American Film Market. The project had been for sale at Cannes.
Redford and Bill Holderman are producing through their Wildwood Entertprises banner with Route One Films’ Chip Diggins. Route One is financing through its partnership with Union Investment Partners in South Korea. Exec producers are Route One’s Jay Stern and Russell Levine and Kim Young-Don of Union Investment Partners.
The project is adapted by Michael Arndt from Bill Bryson’s 1998 book “A Walk in the Woods: Rediscovering America on the Appalachian Trail,” which recounts his attempt to walk the Appalachian Trail, which runs from Georgia to Maine, with a friend.
Redford first acquired the movie rights in 2005. Chris Columbus and Barry Levinson have been in negotiations to direct at various points.
Charles has directed three features starring Sacha Baron Cohen — “Borat,” “Bruno” and “The Dictator.” He also directed the documentary “Religulous.”
Deadline Hollywood first reported Charles’ attachment.