The SF Studios comedy “A Man Called Otto,” starring Tom Hanks, has been acquired by Sony Pictures for $60 million. The sale marks the largest deal to date at the virtual European Film M…
The sale marks the largest deal to date at the virtual European Film Market, surpassing Netflix’s $55 million acquisition of “The Pale Blue Eye” last year. Directed by Marc Forster, “A Man Called Otto” sparked a fierce bidding war with Sony ultimately coming out on top with the film’s worldwide rights. It will be released in theaters.
Production on the film is set to begin this month in Pittsburgh, Penn. The cast includes Mariana Treviño, Rachel Keller and Manuel Garcia-Rulfo. Oscar-nominated writer David Magee is adapting the screenplay and will serve as an executive producer. SF Studios’ Fredrik Wikström Nicastro is producing the film with Rita Wilson and Playtone partners Hanks and Gary Goetzman. Forster and Renée Wolfe will executive produce via their company 2DUX2. SF Studios is financing the film.
Wikström Nicastro added: “Tom and Elizabeth’s passion for the material and vision for how to create a worldwide theatrical event blew us all away. We couldn’t be more excited for Otto to find a home at our friends at Sony.”
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