You will be redirected back to your article in seconds

Overture happy to nab ‘Mad Money’

Company nears overseas distribution deal

Overture Films has won a competitive battle to secure rights to the Diane Keaton-Queen Latifah caper film “Mad Money” and is also in final negotiations with a major studio to take over overseas distribution of its new slate.

Announcement of the foreign distribution deal is expected within a few days.

The company is co-financing “Mad Money” with Avi Lerner’s Nu Image and will co-own North American rights.

The film, directed by Callie Khouri — who wrote the script with Glenn Gers — also stars Katie Holmes. 

United Artists, run by Holmes’ husband Tom Cruise, was in the final bidding for the project, which originally had been developed at MGM under the regime of Chris McGurk. McGurk now heads Overture.

“Mad Money,” scheduled to wrap filming in Louisiana in early June, centers on a trio of co-workers plotting to steal money marked to be destroyed at the Federal Reserve Bank.

“From ‘Thelma & Louise’ to ‘Divine Secrets,’ Callie has written some of the strongest and most compelling female characters in recent film history,” McGurk said.

Pic becomes the third on the Overture slate. Banner announced its first acquisition during Sundance, snagging domestic rights to “Ferris Wheel,” a family drama starring Charlize Theron, and it recently greenlit action-drama “105 Degrees and Rising” as a co-venture with Echo Lake Entertainment.

Overture’s business strategy calls for an annual slate of eight to 12 features with pricetags of up to $30 million and targeted to specific auds, along with the ability to tap into the resources of parents Starz and Liberty Media.

More Film

  • Ken Jeong Starring in Australian Sci-Fi

    Ken Jeong to Star in Australian Sci-Fi Movie 'Occupation: Rainfall'

    Overture Films has won a competitive battle to secure rights to the Diane Keaton-Queen Latifah caper film “Mad Money” and is also in final negotiations with a major studio to take over overseas distribution of its new slate. Announcement of the foreign distribution deal is expected within a few days. The company is co-financing “Mad […]

  • ‘The House With Clock Its Walls’

    ‘The House With a Clock in Its Walls’ Tops Studios’ TV Ad Spending

    Overture Films has won a competitive battle to secure rights to the Diane Keaton-Queen Latifah caper film “Mad Money” and is also in final negotiations with a major studio to take over overseas distribution of its new slate. Announcement of the foreign distribution deal is expected within a few days. The company is co-financing “Mad […]

  • Patric M. Verrone, Co-Executive Producer,Netflix's Disenchantment

    Writers Guild Members Re-Elect Patric Verrone to Board Seat

    Overture Films has won a competitive battle to secure rights to the Diane Keaton-Queen Latifah caper film “Mad Money” and is also in final negotiations with a major studio to take over overseas distribution of its new slate. Announcement of the foreign distribution deal is expected within a few days. The company is co-financing “Mad […]

  • Disney Promotes Marketing Execs Ryan Stankevich,

    Film News Roundup: Disney Promotes Marketing Execs Martha Morrison, Ryan Stankevich

    Overture Films has won a competitive battle to secure rights to the Diane Keaton-Queen Latifah caper film “Mad Money” and is also in final negotiations with a major studio to take over overseas distribution of its new slate. Announcement of the foreign distribution deal is expected within a few days. The company is co-financing “Mad […]

  • Chien-Ming Wang

    'Late Life' Baseball Documentary Heads for U.S. Release (EXCLUSIVE)

    Overture Films has won a competitive battle to secure rights to the Diane Keaton-Queen Latifah caper film “Mad Money” and is also in final negotiations with a major studio to take over overseas distribution of its new slate. Announcement of the foreign distribution deal is expected within a few days. The company is co-financing “Mad […]

  • Oscars: Indonesia Picks‘Marlina The Murderer’ in

    Oscars: Indonesia Selects ‘Marlina The Murderer’ in Foreign-Language Category

    Overture Films has won a competitive battle to secure rights to the Diane Keaton-Queen Latifah caper film “Mad Money” and is also in final negotiations with a major studio to take over overseas distribution of its new slate. Announcement of the foreign distribution deal is expected within a few days. The company is co-financing “Mad […]

More From Our Brands

Access exclusive content