
The free-spending actor lost four homes to foreclosure (in Bel-Air, Las Vegas and two properties in New Orleans). He then sued his business manager for $20 million for allegedly leading him down a path to bankruptcy.
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Alchemy has acquired North American rights to The Runner, a political drama starring Nicolas Cage. Written and directed by Austin Stark, the film co-stars Sarah Paulson, Connie Nielsen, Wendell Pierce, Bryan Batt and Peter Fonda.
In the film, scheduled for release later this year, Cage plays a politician whose career is destroyed by a sex scandal in the wake of the 2010 BP oil spill.
The Runner was produced by Bingo Gubelmann, Benji Kohn, Glenn Williamson, Erika Hampson and Chris Papavasiliou. It was executive produced by Noah Millman, Ruth Mutch, Sam Bisbee, Tom Conigliaro, Galt Niederhoffer and Todd Cohen.
“With The Runner, Austin Stark has crafted a captivating drama through a personal lens while tackling an event that resonated globally and remains very relevant in today’s environment,” Brooke Ford, Alchemy evp of marketing, said.
Alchemy vp of acquisitions Jeff Deutchman negotiated the deal with WME Global and Alan Sacks of Frankfurt, Kurnit, Klein & Selz PC, prepping the filmmakers.
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