WME Global put the financing together for the film, which will begin shooting on Oct. 24, and will handle sales with Good Universe, which will launch at next week’s Toronto Film Festival.
Shawn Levy and Dan Cohen at 21 Laps will serve as producers with Jeff Arkuss, David Gross, and Jesse Shapira, who will produce under their No Trace Camping banner.
Siblings Jonathan and Josh Baker will co-direct the feature based on their short film “Bag Man” that premiered at South by Southwest in 2015. Reynor will portray a recently released ex-con who, along with his adopted younger brother, is forced to go on the run, chased by a vengeful criminal played by Franco. Quaid will play the brothers’ father and Kravitz joins the brothers’ journey as a trusted ally.
The script is written by Daniel Casey, whose recent work includes uncredited rewrites on “10 Cloverfield Lane,” the crime-thriller “Godforsaken” — starring Sylvester Stallone — and a forthcoming untitled project with Bad Robot.
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The news was first reported by Deadline Hollywood.