×

QED Intl. to produce, finance ‘Fading Gigolo’

Bill Block brings coin to John Turturro's comedy

Bill Block’s QED Intl. has come onboard to produce and finance John Turturro’s comedy “Fading Gigolo,” starring Turturro, Woody Allen, Sharon Stone, Sofia Vergara, Vanessa Paradis and Liev Schreiber.

Antidote Films’ Jeffrey Levy-Hinte and Cinetic Media’s Bart Walker will produce the previously announced project alongside Block, Paul Hanson, Sasha Shapiro and Anton Lessine.

It’s the first project for QED since Media Content Capital announced in May that it had taken a substantial stake in QED Intl., setting the stage for expansion of Block’s 6-year-old production, finance and international sales company.

Filming wiill start in October in New York City. Story centers on a man who owns a book store (Allen), who convinces his friend (Turturro) that a fortune could be made by becoming a professional gigolo.

The deal was negotiated by Block and Chris Corabi on behalf of QED, with Bart Walker and George Sheanshang on behalf of Turturro, and Stephen Tenenbaum.

Media Content’s mid-eight-figure investment was announced at Cannes and will be used to grow QED’s development, production sales and financing operations and enable QED to build out its infrastructure. It plans to produce and/or finance four to seven features annually, expand operations to handle additional third-party titles for sales and distribution and provide minimum guarantees when acquiring international rights for third-party completed feature films.

QED is financing and producing the Arnold Schwarzenegger action thriller “Ten,” which Open Road has acquired for U.S. release; Neil Blomkamp’s “Elysium,” starring Matt Damon and Jodie Foster, for Columbia; and crime thriller “Alex Cross,” starring Tyler Perry, a Lionsgate release in October.

QED’s most successful film was “District 9.” Other titles have included Oliver Stone’s “W.,” “The Hunting Party,” “Texas Killing Fields,” “A Perfect Getaway” and “Smart People.”

Popular on Variety

More Film

  • Yoji Yamada-directed film is to open

    Tokyo Market: Shochiku Launches Horror, Comedy and Mystery Lineup

    Major Japanese studio, Shochiku has the honor of leading off next week’s Tokyo International Film Festival with its “Tora-san, Wish You Were Here.” The film is a revival of a beloved in-house drama franchise, directed by veteran Yoji Yamada, that is set as the event’s opening night gala presentation. Before that, the company has the [...]

  • The Truth

    Singapore Festival to Focus on Asian Excellence for 30th Edition

    For its 30th edition the Singapore International Film Festival has avoided programming novelty and instead focused on assembling excellence – mostly indie titles — from Asia and further afield. The festival, which previously announced local filmmaker Anthony Chen’s second feature “Wet Season” as its opening night gala presentation, announced the balance of its programming on [...]

  • Isabela Moner Dora the Explorer

    Film News Roundup: Isabela Merced Boards Jason Momoa's 'Sweet Girl' for Netflix

    In today’s film news roundup, Isabela Merced get cast opposite Jason Momoa, “Starbright” gets financing and AFM announces its speakers. CASTING Isabela Merced, formerly Isabela Moner, has come on board to portray the daughter of Jason Momoa in his upcoming revenge thriller “Sweet Girl” for Netflix. Momoa will play a devastated man who vows to [...]

  • Walt Disney HQ LA

    Disney Seeks to Throw Out Gender Pay Gap Lawsuit

    The Walt Disney Co. is seeking to throw out a lawsuit alleging that women employees are paid less than men, arguing that the suit is too sprawling and unwieldy to handle as a class action. Andrus Anderson LLP filed the suit in April, alleging that Disney’s hiring and pay practices have a discriminatory effect on [...]

  • Ford v Ferrari

    Christian Bale, Matt Damon to Campaign in Lead Actor Category for 'Ford v Ferrari'

    Christian Bale and Matt Damon will both campaign in the lead actor category for awards for their work in Fox’s upcoming “Ford v Ferrari,” Variety has learned. “Ford v Ferrari” follows an eccentric, determined team of American engineers and designers, led by automotive visionary Carroll Shelby (Damon) and his British driver, Ken Miles (Bale), who [...]

More From Our Brands

Access exclusive content