Millennium Media has dropped out of their involvement in the Brett Ratner-directed biopic about disgraced pop stars Milli Vanilli. Other bidders and investors are reportedly fully financing production.
The film explores the rise and fall of the lip-synching musicians and is set to be the director’s return to filmmaking following allegations of sexual misconduct by seven women, including actresses Olivia Munn and Natasha Henstridge.
Millennium and Ratner’s RatPac Entertainment released a joint statement on Wednesday regarding the decision: “On the heels of the announcement of the long-gestating Milli Vanilli movie, the project fielded multiple competitive bids and a group of private equity investors have emerged that are fully financing the movie to begin production shortly. Millennium will not be selling the film at EFM or be involved in the production.”
Tina Tchen, president and CEO of the Time’s Up Foundation, said in a statement last week that Ratner should not be granted a comeback in the industry, and says Ratner has never acknowledged or apologized for the harm he caused.
Source: Variety