×

‘Hustlers’ Acquired for Germany by Fred Kogel’s New KKR-Backed Company

Fred Kogel’s budding media powerhouse, backed by KKR but still without a name, has acquired “Hustlers” for Germany and Austria in an all-rights deal with STXfilms. The movie, starring Jennifer Lopez and Constance Wu, will be released in Germany via Universum Film on Dec. 5.

The pic, about a group of enterprising strippers, premiered to strong reviews at the Toronto Film Festival earlier this month and opened in the U.S. last Friday in the No. 2 spot as the best-performing new release, taking in $33.2 million in box office over its first weekend.

Hustlers,” whose cast also includes Julia Stiles, Keke Palmer and Lili Reinhart, follows a crew of savvy former strip club employees who band together to turn the tables on their Wall Street clients. “We’re looking for films that have the potential to inspire audiences,” Kogel said. “From our point of view, ‘Hustlers’ has all the prerequisites: The film is a gripping and unique mixture of humor, glamour and women’s power featuring outstanding actresses and a spectacular look.”

The film is inspired by an article published by New York magazine titled “The Hustlers at Scores,” written by Jessica Pressler. Lorene Scafaria wrote the screenplay and directed the movie. Lopez produces, along with Elaine Goldsmith Thomas, Jessica Elbaum, Benny Medina, Will Ferrell and Adam McKay.

“’Hustlers’ is the perfect film on which to forge our partnership with Fred and his new company,” said Adam Fogelson, chairman of STXfilms. “The film perfectly represents the kind of commercial, original and dynamic properties we champion at STX. With the wealth of distribution and marketing experience gathered across Fred’s new company, we have every confidence that our German partners will replicate the film’s success in their territories.”

Kogel’s company, backed by private equity firm KKR, emerged from the merger of Tele München Group, Universum Film, i&u TV and Wiedemann & Berg Film.

Popular on Variety

More Film

  • Inside an Inox Leisure multiplex in

    India's Inox Multiplex Chain Reveals Ambitious Growth Plans

    Indian multiplex chain Inox Leisure has revealed ambitious plans to more than double its existing screen capacity of 600. The company is planning to add 900 more screens across the country over the next decade. “That’s the realistic answer, but my desire is to do it over the next five years,” Siddharth Jain, director, Inox [...]

  • Joker

    Why 'Joker' Is About All of Us (Column)

    Take a look at the photo above. It’s the most poetic image to have emerged from Todd Phillips’ “Joker,” and the reason I say “poetic” isn’t just because the shot has that caught-in-action indelible vibe of a quintessential movie poster: graphic, hauntingly composed, a bit shocking (at least, the first time you see it). It’s [...]

  • Angelina Jolie is Maleficent in Disney’s

    'Maleficent: Mistress of Evil' Rules International Box Office With $117 Million

    Though Disney’s “Maleficent: Mistress of Evil” stumbled at the domestic box office, the Angelina Jolie-led sequel enjoyed a far stronger start overseas. The follow-up to 2014’s fantasy adventure inspired by the “Sleeping Beauty” villain took off with $117 million from 56 international markets. In North America, “Maleficent: Mistress of Evil” debuted with a meager $36 [...]

  • Angelina Jolie is Maleficent in Disney’s

    Box Office: 'Maleficent: Mistress of Evil' Dominates With Soft $36 Million

    Five years after Angelina Jolie’s “Maleficent” cast a spell over the box office, the villainous enchantress has returned to the top of domestic charts. Disney’s “Maleficent: Mistress of Evil,” a sequel to 2014’s fantasy adventure based on the “Sleeping Beauty” sorceress, flew lower than the original and debuted to a disappointing $36 million from 2,790 [...]

  • MIA Wrap

    Rome MIA Market Wraps With Stronger U.S. Presence, Boosts Italy's Industry Standing

    Rome’s MIA market for TV series, feature films and documentaries wrapped positively Sunday with organizers boasting a bump in attendance just as some 2,500 executives departed in an upbeat mood after four days of dealmaking and presentations of mostly European fresh product, which elevated Italy’s global standing in the industry, especially within the TV sector. [...]

  • Film Republic Adds Further Sales for

    Film Republic Inks Further Deals for 'God of the Piano' (EXCLUSIVE)

    Sales agent Film Republic has closed further territory sales on “God of the Piano.” Film Movement previously picked up North American rights to the film, as reported exclusively by Variety. Mont Blanc Cinema has taken the rights for Argentina, Chile, Uruguay and Paraguay. Limelight Distribution is looking after the Australian and New Zealand releases, Hualu [...]

More From Our Brands

Access exclusive content