Initial Ent. acquires ‘Jane’ sales rights

Initial Entertainment Group has picked up “Jane,” a Ministry of Film project starring Melanie Griffith, for international sales.

The $12 million romantic comedy, to be helmed by Lyndall Hobbs (“Back to the Beach”), is penned by Hobbs and Tracy Tynan, daughter of the late writer and critic Kenneth Tynan. Lensing is set for the first week in July with Alan Mrvuka and Marilyn Vance producing.

IEG, which also has “Oliver Stone’s Savior” starring Dennis Quaid and Nastassja Kinski, is bringing two other projects to Cannes for overseas sales:

“Gunshy,” an action pic starring Diane Lane, Michael Wincott and William Petersen, produced by Jeff Celentano and Larry Gross, with a script by Gross and Celentano as helmer;

“Montana,” a gritty crime drama toplining Kyra Sedgewick and Stanley Tucci, now lensing in Gotham. The pic is directed by first-timer Jennifer Leitzes from a screenplay penned by brothers Jon Hoeber and Erich Hoeber. IEG is wholly financing the project and retains all rights.

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