FilmNation will launch foreign sales at AFM. CAA is repping U.S. rights.
“Ultra” will re-team Stewart and Eisenberg five years after they starred in Greg Mottola’s “Adventureland.”
“Project X” director Nima Nourizadeh is on board to helm from a script by “Chronicle” writer Max Landis. “Ultra” producers are Anthony Bregman for Likely Story, and David Alpert and Britton Rizzio for Circle of Confusion.
Eisenberg will portray a stoner who lives with his girlfriend (Stewart) in a small town. His life takes an unexpected turn when his past comes back to haunt him and he becomes the target of a government operation to wipe him out.
Exec producers are Kevin Frakes of PalmStar Media Capital and Raj Brinder Singh of Merced Media Partners.
Stewart starred in three films last year — the final “Twilight” movie, “On the Road” and “Snow White and the Huntsman.” Eisenberg starred this summer in “Now You See Me.”
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Nourizadeh and Eisenberg are repped by CAA. Stewart is repped by the Gersh Agency. Landis is repped by WME.
The Hollywood Reporter first reported the news.