Written by Geoff Manaugh, the article revolves around the true story of a bank robber who, after being arrested for several bank robberies in Los Angeles, was recruited by the U.S. government to plan bank heists against Al Qaeda.
Several studios were in the mix before Studio 8 made the winning bid, which sources say was in the high six figures.
Lloyd Braun and Andrew Mittman will produce through Whalerock Industries along with Dan Halsted and Nate Miller at Manage-ment. Jon Silk brought the project in and will oversee production.
The property marks another big purchase for Robinov’s relatively new company which is currently in production on Albert Hughes adventure pic “The Solutrean.” The studio’s pipeline is beginning to fill up with a “Nosferatu” remake in development from “The Witch” helmer Robert Eggers as well as “The Last Duel” with Francis Lawrence.
Mastras comes from the TV world and got his start as a staff writer on “Breaking Bad.” He most recently wrote the pilot of HBO’s “Vinyl” and exec produced the first season.
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He is repped by WME, Manage-ment and Gang, Tyre, Ramer & Brown.
The news was first reported by Deadline.com.