Apple will allocate a large amount of money in Brad Pitt’s Formula 1 movie

Brad Pitt (Chris Pizziello/Getty Images), Lewis Hamilton (Clive Rose/Getty Images)

Brad Pitt (Chris Pizziello/Getty Images) Lewis Hamilton (Clive Rose/Getty Images)
picture: AV . Club

Apple finished in P1 in the race to win the rights Top Gun: Maverick Director Joseph Kosinski’s Formula 1 movie, and while the movie itself sounds great on its own (just because Formula 1 is great, except when the team of bad guys gets every lucky break and the lovable Australian driver doesn’t seem to get a handle on wacky new cars), it might be the most What’s interesting about it is the complex and costly issuance strategy that Apple is putting together.

But first, the movie: Brad Pitt is linked to the star (and produces, through a Plan B poster), in which he plays a veteran F1 driver who has come out of retirement to “manage a promising rookie.” Sir Lewis Hamilton, arguably the greatest Formula One driver of all time (the argument is only whether he’s number one or number two), is also on board as producer, and it appears that Kosinski came up with the idea for this movie after he met Hamilton through Tom Cruise while making dissident.

It all comes from a The Hollywood Reporter a story This certainly throws around the Formula 1 name a lot, but it’s unclear if the actual F1 foundation is iParticipate in any official capacity. Presumably, Pitt, Kosinski and Apple need some kind of approval to use the F1 name, not to mention any real teams or sponsors, so hopefully that will work. Then again, facing an entire F1 alternative world – with some legally distinct names like Speed ​​System or Race Zero – is going to be a lot of fun. And can we ask for a headscarf from drive to survive the hero of the story Ginter Steiner?

For that complex strategy, THR I’ve heard that Apple plans to release the film in theaters, and not as a small amount to make it eligible for awards. Apparently, the plan is for global playback from 30 to 60 days, at which point you’ll switch to Apple TV +. It would be a first for Apple, assuming a theater distributor joined, and it would be a relatively new concept for the streaming service in general. HBO Max gets Warner Bros. Movies 45 days later, but those are theatrical movies that go live, not streaming movies that open in theaters.

Moreover, Insiders say Apple and the filmmakers will split profits from a theater show in the middle, with THR The deal explained as follows: “The unique deal, in essence, pays the creative team three ways: an initial fee, a massive acquisition fee, and a staged background.” This means that Kosinski’s stake is expected to be “good in the eight digits” while Pete and Plan B will get “$40 million to $50 million,” which is a lot of money. It’s so much money that if everyone working on this movie pooled their paychecks together, they could afford it Run an actual Formula 1 team.

But hey, if you just released one of the biggest movies of big movie star Tom Cruise’s career, you probably deserve a pretty cool pay. Plus, With Netflix out From the act of “Giving a Famous Filmmaker a Blank Check,” someone has to take this slack. Apple seems more than happy to do so.

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