Leo Joins With Paramount Pics To Make Film About VW’s Scandal
$VLKAY, $VIA, $LGF, $BP
Leonardo DiCaprio’s Appian Way production company is joining with Paramount Pictures, a unit of Viacom (NASDAQ:VIA) to make a movie about the Volkswagen AG (OTCMKT:VLKAY) diesel-emissions scandal, according to the studio.
Paramount has acquired the movie rights to a proposed book on the scandal by Jack Ewing with Leo DiCaprio’s company, the studio said.
Variety reported on the actor’s involvement last Monday. Directing and acting decisions have not been made, according to the report.
Hollywood studios have been keen to seize on business scandals and have been competing aggressively for book rights. Lions Gate Entertainment Corp (NYSE:LGF). next year will release “Deepwater Horizon,” a story about the BP Plc (NYSE:BP) offshore Oil drilling platform that exploded in Y 2010. Actor Mark Wahlberg stars.
Paramount plans to release “The Big Short,” a film based Michael Lewis’s book about the collapse of the US housing market.
Film credits for Leo DiCaprio’s company include “The Wolf of Wall Street” and “The Revenant,” which will be released in December.
Have some fun, see a movie this weekend.
HeffX-LTN
Paul Ebeling
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