The Weinstein Company scored big earlier this year when The King’s Speech won 4 Oscars and went on to make over $400 million worldwide, and it looks like they’ll be counting on another British drama during the next awards season.
According to Deadline 5 minutes of footage from The Iron Lady was screened at the Cannes Film Festival, triggering a bidding war between the likes of Summit Entertainment, Relativity Media and Fox Searchlight. In the end The Weinstein Company won US distribution rights with a bid north of $6 million.
The Iron Lady is a biopic about former British Prime Minister Margaret Thatcher, portrayed by Meryl Streep. It’s early days yet, but with The Weinstein Company on-board there is a very likely chance Streep will be receiving her 17th Academy Award nomination. Streep came close to winning a Best Actress statue for her performance as Julia Child in Julie & Julia, so the Academy will eat up her portrayal of a controversial historical figure in British politics.
The film reunites Streep with Phyllida Lloyd who directed Mamma Mia!, and also stars Jim Broadbent (Harry Potter and the Half-Blood-Prince) as Thatcher’s husband, and Anthony Head (Buffy) as Thatcher’s longest-serving cabinet member, Geoffrey Howe.
Expect The Weinstein Company to set an Oscar-baiting release date soon.