Wednesday afternoon, Millennium and Ratner’s RatPac Entertainment released a joint statement that said on the heels of last week’s announcement, “the project fielded multiple competitive bids and a group of private equity investors have emerged that are fully financing the movie to begin production shortly.” The statement also noted that Millennium is no longer involved in production nor would it be selling the film at EFM. “There will be no additional comment,” it read.
It made no mention of who the private equity investors are that have emerged.
This article was originally published by The Hollywood Reporter.
Source: News | Billboard