PARK CITY -- A heated overnight negotiation yielded a rare studio purchase at Sundance early Monday as Sony Pictures scooped up the blaxploitation movie "Black Dynamite" for an estimated $2 million.
The studio is said to see the movie as a potential franchise along the lines of "Austin Powers" or "Friday," with a big marketing spend planned when the movie releases in the second half of the year.
Endeavor repped the filmmakers in the sale, with agents talking in multiple rooms to Sony execs in the agency's condo after the film's raucous 11:30 p.m. premiere Sunday. The deal closed at 6 a.m., making it the first overnight sale of this year's fest.
Scott Sanders directed and John Steingart produced and financed the 1970s-set picture, which centers on a campy story of drugs, violence and a powerful, mysterious figure who goes by the name Black Dynamite.
thanks to slashfilm.com for the image.
.jpg)
No comments:
Post a Comment