EXCLUSIVE: Olivia Wilde’s Excellent, about Olympic gymnast Kerri Strug, has pre-sold to Searchlight Photos in an enormous deal after negotiations started on the EFM in Berlin final month. This was one of many hottest scripts on the market and we perceive the worldwide deal has closed at $15M.

The Riverstone Photos and Pulse Movies-produced film sparked a frenzy amongst consumers with A24, WB, Paramount and HBO Max amongst these scorching for it final month. The streamer is known to have provided considerably extra for the film, nearly double, however the lure of theatrical and Searchlight’s status monitor report received out. CAA Media Finance brokered the deal.

Sizzling on the heels of her Unbiased Spirit Award for Finest First Characteristic, Booksmart director Wilde went to Berlin to debate the mission with consumers at a buzzy presentation. As we revealed on the time, Searchlight was main the pack of suitors.

The movie, based mostly on the e-book Touchdown On My Toes, A Diary Of Goals by Strug and John P. Lopez, tells the true story of the gymnast’s triumph in opposition to the percentages to win Group USA’s first gold medal on the 1996 Olympics. Strug was hailed as an American hero when she accomplished her closing vault on the Atlanta video games on a badly injured ankle to grab victory from the jaws of defeat.

In iconic pictures, Strug was carried onto the medals podium to affix her workforce, after which she was handled at a hospital for tendon harm. She grew to become an instantaneous nationwide hit, visiting President Clinton, showing on varied speak reveals, and making the duvet of Sports activities Illustrated. Casting is underway. A begin date has but to be set.

Script is by Ronnie Sandahl (Borg/McEnroe). Nik Bower is producing for Riverstone Photos and Thomas Benski for Pulse Movies, along with Jeremy Baxter and Moss Barclay. Wilde will govt produce with Deepak Nayer, Marisa Clifford and Sandahl. FilmNation was the worldwide gross sales agent.