Here’s a big move but it looks like Top Gun Maverick director Joseph Kosinski continues to have that need for speed. His upcoming Formula One racing film has now been purchased in a massive deal by Apple, Brad Pitt is currently attached to star in it. It took five months to finalize this deal, which will see Kosinski reunite with Top Gun writer Ehren Kruger alongside producers Chad Oman and Jerry Bruckheimer.
What makes this deal stand out is that Apple is eyeing a theatrical distribution model for this release. A game-changer in the streaming model as it’ll be made available for at least 30 days (maybe even up to 60 days) in theaters before heading to Apple TV+. Sir Lewis Hamilton, a seven-time F1 world champion, is also joining to produce with Pitt‘s Plan B banner, whose additions are one of the selling points for this massive deal.
It’s not the first time this has happened, but it does seem like Apple is trying to gain a stronger share within markets. there have been theories that Netflix would follow suit with their Knives Out acquisition but no announcement has been made so far. The filmmakers also will have a 50-50 taken from the big screen showcase, which is quite a unique deal and pays the creative teams through upfront fees, buyout fees, and a theatrical backend. So, everyone might pull a nice payday from this venture even if it might not reach Maverick‘s highs.
Source: THR
