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Joe Eszterhas Strikes Record Spec Deal to Pen ‘Basic Instinct’ Reboot

Eszterhas has secured a $2 million guarantee on a script billed as an ‘anti-woke’ update with Sharon Stone in discussions to reprise her iconic role.

Michael Douglas and Sharon Stone dancing in scene from the film 'Basic Instinct', 1992. (Photo by TriStar/Getty Images)
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Overview

  • Amazon MGM Studios’ United Artists and producer Scott Stuber closed the rights deal for the untitled Basic Instinct relaunch in July 2025.
  • The agreement guarantees Eszterhas $2 million upfront and up to $4 million if the project moves into production, making it the year’s largest spec script sale.
  • The reboot is being positioned as an explicitly “anti-woke” reinterpretation of the 1992 erotic thriller at the center of past cultural debates.
  • Producers attached include Scott Stuber and Nick Nesbitt for United Artists alongside Craig Baumgarten and Adam Griffin of Vault Entertainment.
  • Negotiations are underway for Sharon Stone to return as Catherine Tramell, the character she originally portrayed in the 1992 hit.