Sundance: Open Road Lands Deal for Fest Favorite ‘Dope’ (EXCLUSIVE)

Dope Sundance

Open Road Films has emerged victorious in the most heated bidding war at this year’s Sundance Film Festival for “Dope,” Rick Famuyiwa’s fresh and funny new comedy, Variety has learned.

The deal will close in the neighborhood of $7 million, the biggest one at this year’s fest.

The movie was so sought after that up to six studios were circling it after its premiere last night. On Sunday afternoon, when the final bidders were The Weinstein Co., Focus Features and Open Road. Fox Searchlight and A24 had also expressed interest in the film.

“Dope” received an enthusiastic response after it premiered on Saturday night at the Library Theatre. It’s the story of a bunch of high school outcasts in a rough Los Angeles neighborhood who are enamored of ’90s hip-hop. There are also plenty of allusions to modern phenomenons such as Bitcoin. Mashable described the picture as “Existing somewhere between Juice, Ferris Bueller’s Day Off and Spring Breakers.” WME is handling sales negotiations for the picture.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 5

Leave a Reply

5 Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  1. Gnrlriles says:

    I don’t see this movie gaining much appeal (and ROI).

  2. Chris says:

    Lol. Throwing $ at this? It was good but come on now, really??

  3. TomNewYorker says:

    kind of suprise not Codeblack Entertainment.
    that company usually acquired these type of Black Entertainment films like Mister and Pete(which was also one of my favorite films of 2013)

  4. Sinora Glenn says:

    Congrats to everyone #Dope #ChristopherGlenn

More Film News from Variety

Loading