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SquareOne Entertainment has picked up all rights in Germany-speaking Europe to Fifty Shades of Black, a comedy spoof of the Fifty Shades of Grey films starring Marlon Wayans.
The comedy, which Wayans will write with longtime collaborator Rick Alvarez, was one of the hottest titles at this year’s Cannes film market. Open Road won a bidding war for U.S. rights to the film, with a price tag pegged by sources at around $5 million. IM Global is producing and financing the film as well as handling international sales.
Fifty Shades of Black is scheduled to shoot in the summer in Los Angeles. The U.S. release is planned for Jan. 29, 2016, roughly one year before Universal is scheduled to release its Fifty Shades sequel, Fifty Shades Darker.
The Fifty Shades spoof was only one of a slate of new titles SquareOne snatched up in Cannes this year. Others include the drama She Who Brings Gifts, starring Glenn Close, Gemma Arterton and Paddy Considine from Peaky Blinders director Colm McCarthy, from Altitude Film Sales; director Michael Damian‘s ballet feature High Strung from Bloom; and The PM, a Belgian psychological thriller from The Loft director Erik Van Looy, which SquareOne acquired from FBO and Woestijnvis.
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Jon M. Chu