Both Relativity and TWC were bidding for the film. TWC has committed to 2,000 U.S. screens. The studio had already bought foreign rights to the pic a few months back.
Written and directed by Jonathan Jakubowicz, the movie is based on the story of Duran, who rose from the slums of Panama to become one of the great fighter of his time. His rivalry with Sugar Ray Leonard (portrayed by Usher in the film) is considered one of the fiercest in boxing history. He was nicknamed “hands of stone” because his hard hits led to 103 wins in 119 fights.
Ellen Barkin, Ruben Blades and Ana de Armas also star.
“Hands of Stone” is produced by Jay Weisleder, Carlos Garcia de Paredes, Claudine Jakubowicz and Jakubowicz of La Piedra Films. The executive producers include Ben Silverman, Max Keller, George Edee, Ricardo del Rio and Roberto Duran’s son, Robin Duran.
Deadline first reported this news.