Here's something fresh from Cannes! Red Granite Pictures, the Los Angeles-based film production, finance and international sales company, has acquired the rights to Jordan Belfort‘s memoir The Wolf of Wall Street and will produce the film along with Leonardo DiCaprio‘s Appian Way shingle and EMJAG Prods.
Yeah, it's the same project that had been set at Warner Bros and nearly got made several years ago.
At one moment even Martin Scorsese and Ridley Scott were attached to direct the whole thing, with Leonardo DiCaprio attached to play Belfort.
Terence Winter, the exec producer of The Sopranos and Boardwalk Empire is responsible for the script that:
“chronicles Belfort's rise and fall on Wall Street, a run marked by a hard-partying lifestyle, drug addiction, a 1998 indictment for securities fraud and money laundering, as well as a 22-month federal prison stretch. Belfort has been sober 14 years and is a motivational speaker.”
According to Deadline, Red Granite's intention is to produce four to five films each year and make negative pickups. Along with execs Danny Dimbort and Christian Mercuri, the company brought Millennium Films production head Joe Gatta in as president, to oversee production operations.
No director is set yet and there isn't a start date, but as usual, we'll keep an eye on it!
