Scott loads Miracle’s ‘Bullets’

Company to enter capital restructuring

CANNES — Miracle Entertainment is ramping up plans to produce a pic with Ridley Scott and Tony Scott’s Scott Free Prods. as well as to enter into a capital restructuring that should move the publicly traded company from the “pink sheets” to over-the-counter trading.

Ridley Scott will produce Christian Darren’s original screenplay, “Six Bullets From Now,” for Miracle with Stephen Kay (“Get Carter”) directing. Scott Free prexy Lisa Ellzey will also produce the pic with Miracle prexy Jason Zelin.

Tony Scott will serve as executive producer on the project, which Scott Free originally optioned when the production shingle had a production deal with Polygram Filmed Entertainment.

Set in 1972, “Six Bullets” is based on the true story of the largest hotel heist in history, in which five gunmen stole more than $1 million in cash and jewels from Gotham’s Pierre Hotel. Pic is budgeted in the neighborhood of $20 million-$25 million, with plans to shoot this fall in Canada and Gotham.

Finley Glaize, Miracle’s VP of development, brought “Six Bullets” into the company and will oversee it along with Zelin. Executive producers for the film include Cataldo, Steel and Patrick Aluise.

In addition, Miracle has paid mid-six against low-seven figures to Duncan Kennedy (“Deep Blue Sea”) to write “Wrath of the Sun,” based on his pitch and a 25-page treatment. “Wrath” is the story of an archeologist who explores the digs beneath New York City. Miracle likely would partner with a studio on the pic, which Miracle chairman-CEO Tony Cataldo described as having the scope of “Raiders of the Lost Ark.”

Miracle also is doing pre-sales on the samurai epic “Shinobi” as well as the Antonio Banderas starrer “Killing Pablo,” which will be directed by Gregory Nava. Handling foreign sales for Miracle is Peter Elson’s Global Cinema Group.

Also on the Miracle team is Gordon Steel’s the Steel Co., which serves as a consultant to the company.

Cataldo and Zelin also said they were working on development and production funds for the company that would provide financing in addition to investments in outside productions, such as the $2 million-plus stake they recently made in “The Devil and Daniel Webster,” which stars Alec Baldwin and Jennifer Love Hewitt and is repped by Cutting Edge Entertainment.