Heres confirmation of news weve been inching towards for a while.
Dan Snyder-backedKinematics, one of the main financiers of upcomingDonald TrumpmovieThe Apprentice, has exited the project.
James Shanis Rich Spirit, an exec producer on the much-discussed film, has acquired Kinematics interest.
(L-R) Donald Trump and ‘The Apprentice’ movieGetty/Cannes
Check out the statement below.
A largechunk of the backstory is here.
The film debuted at Cannes to good reviews and had its U.S. festival launch at Telluride this past weekend.
Stillno sign of a Trump lawsuitover its release, as we have also been reporting.
The film is being lined up for an October 11 launch stateside.
Financial terms were not disclosed.
Led by Founder Mark Rapaport and President Emanuel Nunez, Kinematics financed the films production.
As a writer/director, I understand the importance of supporting visionary filmmakers in the independent film space.
I created Kinematics based on that core principle.
Unfortunately, creative differences caused Kinematics to leave the project, said Rapaport.
