Apple is paying a reported $225 million to director Joe Kosinksi to acquire a Formula 1-themed racing movie starring Brad Pitt. According to former Hollywood Reporter top editor Matt Beloni, who now publishes the inside-Hollywood Substack newsletter Puck, the pricey deal includes a $40 million fee for Pitt to produce and star in the film. The agreement also calls for an exclusive theatrical window.
Source: Apple Pays Reported $225 Million for Brad Pitt Formula 1 Movie, Keeps It Out of Netflix’s Hands