Following a heated auction that went through the holiday weekend Sony has come out victorious, landing the rights to the NYPD corruption documentary “The Seven Five.”
No other producers are attached at this time as “The Seven Five” producer and rights holder Eli Holzman wanted to wait for the rights to sell before meeting with producers.
Sources say the winning bid came in around the seven-figure range and that Annapurna was also in hot pursuit of the property.
The doc follows Michael Dowd, an officer in 75th precinct of the NYPD who seized the opportunity to turn a profit while arresting criminals in the late 80s and early 90s. Dowd stole money from drug dealers, eventually recruiting his partner into an expanding criminal ring. Their 1992 arrest exposed widespread corruption in the NYPD.
In the last several months, Sony has been aggressive in pursuing rights to several properties, coming out on the winning end in many of those cases. Some of those properties include Max Brooks’ “Harlem Hellfighters” that Overbrook is producing, the David Ignatius book “The Director” for Scott Rudin and the hot spec “In the Deep.”
Deadline first reported the news.