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Redbox Entertainment Picks up North American Rights to Action-Thriller Movie Muti Starring Oscar Winner Morgan Freeman and Cole Hauser

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Redbox Entertainment has acquired North American distribution rights for Muti, an action-thriller featuring Morgan Freeman and Cole Hauser. Directed by George Gallo, the film follows Detective Boyd as he pursues a serial killer linked to a brutal tribal ritual. Supporting cast includes Peter Stormare and Vernon Davis. Recently wrapped filming in Mississippi, the project will also shoot in Italy. Redbox is combining with Seaport Global Acquisition Corp. (NASDAQ: SGAM, SGAMU, SGAMW), which will transform it into a publicly traded entity, enhancing its service offerings.

Positive
  • Acquisition of North American distribution rights for Muti, increasing Redbox's content portfolio.
  • High-profile cast including Oscar-winning Morgan Freeman, which may attract a larger audience.
  • Collaboration with experienced filmmakers, enhancing production quality.
  • Combination with Seaport Global Acquisition Corp. expected to accelerate growth and expand services.
Negative
  • None.

LOS ANGELES--(BUSINESS WIRE)-- Redbox Entertainment, the original content division of Redbox, today announced it has secured North American distribution rights to Muti, an action-thriller starring Oscar-winning actor Morgan Freeman (Million Dollar Baby) and Cole Hauser (Yellowstone). Muti comes from writer-director George Gallo (Bad Boys) and producers Iervolino & Lady Bacardi Entertainment (Waiting for the Barbarians).

The film follows Detective Boyd (Hauser), who, unable to process the death of his daughter, embarks on the hunt for a serial killer who murders according to a brutal tribal ritual: Muti. The only person who can help Boyd is Professor Mackles (Freeman), an anthropologist who hides an unspeakable secret. The line between sanity and madness thins as Boyd goes deeper into the killer's world.

"After reading the script to Muti, we knew this was a special film that will have audiences at the edge of their seats," said Galen Smith, CEO of Redbox. "The casting is phenomenal, and George's past work on Bad Boys and other projects speaks for itself. We can't wait to premiere this next year."

Supporting cast includes Peter Stormare (Fargo) and former NFL player Vernon Davis. Principal photography recently wrapped in Mississippi and will continue in Italy. The screenplay is written by Bob Bowersox, Jennifer Lemmon, Francesco Cinquemani, Giorgia Iannone, Luca Giliberto, and Ferdinando Dell’Omo. The film is based on a story by Joe Lemmon and Cinquemani.

Producers are Joe Lemmon of Black Diamond Films, Andrea Iervolino, Monika Bacardi and Danielle Maloni of Iervolino & Lady Bacardi Entertainment SPA, and Bret Saxon and Jeff Bowler of Wonderfilm Media. Executive Producers are March on Productions' Richard Salvatore, David E. Ornston, Nate Adams, and Luca Matrundola.

The deal was negotiated by Marc Danon of Redbox Entertainment and Bret Saxon of Wonderfilm Media.

About Redbox

Redbox is America's leading destination for affordable new-release movies and entertainment with more ways to watch than any other home entertainment provider. Redbox delivers value and convenience through unparalleled choice across content, platforms, rental and purchase options, and price points. The company recently announced a definitive agreement to combine with Seaport Global Acquisition Corp. (Nasdaq: "SGAM," "SGAMU," and "SGAMW"), a publicly traded special purpose acquisition company. The transaction, which will result in Redbox becoming a publicly traded company, is expected to accelerate Redbox's ongoing transformation to offer customers and partners a multi-product experience across physical and digital channels. The company's expanding streaming offering includes digital rental and purchase as well as free live TV and free On Demand content and complements Redbox's nationwide footprint of entertainment kiosks, conveniently located where consumers already shop. Redbox Entertainment, a new content acquisition and production division, has further transformed Redbox into a multi-channel content provider. For more information, visit redbox.com.

Peter Binazeski

Redbox

peter.binazeski@redbox.com

Source: Redbox

FAQ

What is <i>Muti</i> about?

Muti is an action-thriller that follows Detective Boyd seeking a serial killer linked to a brutal tribal ritual.

Who stars in <i>Muti</i>?

The film stars Morgan Freeman and Cole Hauser, among others.

When will <i>Muti</i> be released?

The premiere is set for next year, though a specific date has not yet been announced.

What is the significance of Redbox's deal with Seaport Global Acquisition Corp.?

The deal will make Redbox a publicly traded company, enhancing its growth and multi-product experience.

What are the stock symbols for Seaport Global Acquisition Corp.?

The stock symbols are SGAM, SGAMU, and SGAMW.

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