The Exchange will begin selling international rights next week at the American Film Market. CAA holds domestic sales rights.
Black will direct from his own script and exec produce. The film is based on the popular YA novel of the same name by Jennifer E. Smith.
The story, set over a 24-hour-period, follows Steinfeld’s character being stuck at John F. Kennedy Airport and late to her father’s second wedding in London. She meets the perfect boy in the airport’s cramped waiting area and they wind up seated next to each other on the flight.
Producers are Bruna Papandrea who worked with Black on “Milk” and is a producer on “Gone Girl” and Reese Witherspoon’s “Wild”; “Boyhood” producer Caroline Kaplan; and Steve Hutensky, a former executive at Miramax and Relativity who’s a producer on the upcoming thriller “2:22.”
Steinfeld starred in “Ender’s Game,” “Begin Again” and “The Homesman” and recently wrapped on “Pitch Perfect 2.”
Black won an Oscar for the “Milk” screenplay.
Steinfeld is represented by ICM Partners, Coast To Coast Talent Group, and her attorney is Hirsch Wallerstein Hayum.