Relativity Prepares to Unleash Paranoia
(Beverly Hills, Calif.) May 17, 2012 – Relativity Media announced today that it has acquired U.S. rights to market and distribute IM Global’s currently-titled Paranoia, directed by Robert Luketic (21) and starring Liam Hemsworth (The Hunger Games), Oscar®-nominee Gary Oldman (The Dark Knight), Oscar®-nominee Harrison Ford (Indiana Jones) and Lucas Till (X-Men: First Class). Production is targeted to begin this summer and the film will release in theatres on September 27, 2013. IM Global will handle international distribution.
In this high-stakes thriller, Adam Cassidy (Liam Hemsworth) is a charming, blue collar guy trying to get ahead in his entry-level job at Wyatt Telecom. But after one costly and illegal mistake, Adam is confronted by ruthless CEO Nicholas Wyatt. He won’t turn Adam in under one condition: Adam must agree to infiltrate the competition as a corporate spy. Adam soon finds himself packaged for success, surrounded by glamorous boardrooms, expensive cars, and a life he only dreamed of. But behind the scenes, Wyatt is pulling the strings - stopping at nothing, even murder, to win a multi-billion dollar advantage. Realizing he's nothing more than a pawn in his boss's ruthless game, Adam's only way out - is to go in deeper.
The screenplay was written by Jason Dean Hall (Spread) from a previous draft by Barry Levy (Vantage Point), based on the novel Paranoia by Joseph Finder.
Paranoia will be produced by Alexandra Milchan of Emjag Productions, Scott Lambert of Film 360, a division of Management 360, and Deepak Nayar. IM Global CEO Stuart Ford, Douglas Urbanski and Gaumont’s Christophe Riandee will executive produce.
"Paranoia is a gripping story and we're excited to add the project to our growing slate bolstered by this stellar cast. We look forward to working with our partners IM Global on bringing this film to audiences everywhere,” said Relativity’s President, Tucker Tooley.
IM Global is currently selling international rights to the film in Cannes with successful deals closing for France (Gaumont), the U.K. (Momentum), Spain (Aurum), Canada (Alliance) and Latin America (Sun).
Looking ahead, the studio will release the edge-of-your seat thriller House at the End of the Street (in theatres September 21, 2012) and the hilarious comedy 21 and Over (in theatres November 2, 2012). Relativity is currently in production on Scott Cooper’s gritty dramatic thriller currently-titled Out of the Furnace and is in pre-production on the film adaptation of Nicholas Sparks’ best-selling Safe Haven (in theatres February 8, 2013).
ABOUT RELATIVITY MEDIA, LLC
Relativity Media is a next-generation studio engaged in multiple aspects of entertainment, including full-scale film and television production and distribution, the co-financing of major studio film slates, music publishing, sports management and digital media. Additionally, the company makes strategic partnerships with, and investments in, media and entertainment-related companies and assets.
To date, Relativity has produced, distributed, and/or structured financing for more than 200 motion pictures. Released films have accumulated more than $17 billion in worldwide box office receipts. Relativity’s recent films include: The Raven, Mirror Mirror, Act of Valor, Haywire, Immortals, Tower Heist, Bridesmaids, Limitless, Hop, Cowboys & Aliens, Battle: Los Angeles, Little Fockers, The Fighter, The Social Network, Salt, Despicable Me, Grown Ups, Dear John, It’s Complicated, Couples Retreat and Zombieland. Upcoming films for Relativity include: The Bourne Legacy, House at the End of the Street and 21 and Over. Thirty-nine of the company’s films have opened to No. 1 at the box office. Relativity films have earned 60 Oscar® nominations, including nods for The Fighter, The Social Network, The Wolfman, A Serious Man, Frost/Nixon, Atonement, American Gangster and 3:10 to Yuma. Sixty-two of Relativity’s films have each generated more than $100 million in worldwide box-office receipts.
RelativityREAL, Relativity’s television arm, has nearly 70 projects in production, including 21 original series that are currently airing or will air in the upcoming television season including Police Women for TLC, Coming Home for Lifetime and The Great Food Truck Race for Food Network. Relativity also owns and operates RogueLife, Relativity’s digital content studio is developing original content for the web and creating sustainable online platforms and communities. Relativity Music Group, a music division of Relativity, provides music supervision, music publishing catalogues and soundtrack services for films produced and/or distributed by Relativity Media and other major Hollywood studios. Relativity Sports is a fast-growing sports management company dedicated to providing high-profile athletes with a full-range of professional development services. For additional information, please visit www.relativitymedia.com.
ABOUT IM GLOBAL
Stuart Ford founded IM Global in 2007. The company is one of the leading film financing, sales and distribution companies in the world, championing a wide variety of cinema, including mainstream commercial, art house, foreign language and genre fare. The company is now comprised of six divisions: IM Global Opus, for mainstream, commercial cinema; IM Global Acclaim, for critically acclaimed arthouse and specialty cinema; IM Global Anthem, for the best of non-English language cinema from around the world; IM Global Octane, for branded genre fare; IM Global Apsara, a rights acquisition and distribution vehicle that serves the rapidly evolving Asian markets across growing theatrical, digital and VOD distribution platforms; and Automatik Entertainment, a production and financing joint venture with Alliance Films focused on films in the $5 million - $15 million range. In May 2010, Reliance Entertainment, part of Indian conglomerate Reliance ADA Group, acquired a majority shareholding in the company.
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