Perhaps the biggest news this year in terms of acquisitions, Lionsgate bought Kristen and Jesse Eisenberg’s American Ultra, penned by Max Landis, for a whopping $7 million. American Ultra is set to begin filming in Louisiana mid-April.
The appetite for scripts and partially finished films is soaring. Lionsgate is tying up a deal today to pay $7 million to pre-buy U.S. distribution rights to American Ultra, the action comedy that begins shooting in New Orleans in five weeks with Jesse Eisenberg and Kristen Stewart starring for Project X director Nima Nourizadeh. In the script by Chronicle writer Max Landis, Eisenberg plays a stoner whose small-town life with his live-in girlfriend (Stewart) is upended when his past catches up with him, putting him the crosshairs of a government operation bent on wiping him out. It’s a co-production between A Likely Story and Circle Of Confusion, with Anthony Bregman, David Alpert and Britton Rizzio producing, and Kevin Scott Frakes of Palmstar Media Capital and Raj Brinder Singh of Merced Media Partners exec producing.