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In its second acquisition of the day, Byron Allen’s Entertainment Studios has landed Chappaquiddick for $4 million.
Entertainment Studios also is committing to a massive $16 million prints-and-advertising campaign to accompany the film’s release.
The company, which earlier nabbed the Keanu Reeves starrer Replicas for $4 million, has picked up the movie about the late Sen. Ted Kennedy’s (Jason Clarke) infamous car accident, where he drove off a bridge in the summer of 1969, leaving his passenger, 28-year-old Mary Jo Kopechne (Kate Mara), to drown. Kennedy left the scene of the accident, returned home and failed to report the accident for nine hours.
THR previously reported that Entertainment Studios made an aggressive bid on the film weeks before TIFF after being shown a print in Los Angeles, and the early interest appears to have paid off. The film is making its world premiere Sunday at TIFF. Allen’s company has been on a roll in recent months, having released the most successful independent film in the U.S. this year, 47 Meters Down.
John Curran directed Chappaquiddick, which also stars Ed Helms, Bruce Dern and Jim Gaffigan. The script from Taylor Allen and Andrew Logan made the 2015 Black List.
Apex Entertainment’s Mark Ciardi produced the film with Campbell McInnes. Chris Cowles and Chris Fenton executive produced alongside Logan and Allen.
WME repped the filmmakers. Sierra/Affinity is handling international sales for the drama.
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