Overview

• Joe Eszterhas signed a spec script agreement worth up to $4 million, including a $2 million guaranteed payout, to write the Basic Instinct reboot.
• The reboot is being positioned as “anti-woke” according to people familiar with the deal.
• Amazon MGM Studios’ United Artists banner and producer Scott Stuber secured the franchise rights and are leading the project’s development.
• Sharon Stone is in talks to return as Catherine Tramell, the role she originated in 1992.
• The deal illustrates Amazon MGM’s strategy of tapping original creators and nostalgia to reinvigorate established franchises.