Avi Lerner's Millennium Films is packaging the project in advance of next week's American Film Market
“White House Down” may have gone down at the box office but a sequel to “Olympus Has Fallen” is preparing to rise, as Millennium Films is in the process of packaging the sequel “London Has Fallen” in advance of next week's American Film Market, multiple individuals familiar with the situation have told TheWrap.
While there are no deals in place with talent just yet, “Olympus” stars Gerard Butler, Aaron Eckhart, Morgan Freeman, Angela Bassett and Radha Mitchell are all expected to reprise their roles.
FilmDistrict distributed the original and has an option on the sequel, but with CEO Peter Schlessel heading to Focus Features, the latter company is likely to distribute “London Has Fallen” in the U.S.
The “Olympus” team of Katrin Benedikt and Creighton Rothenberger will return to write the screenplay, which will find Butler and Eckhart teaming with an English MI6 agent to save London from a terrorist attack during the funeral of the British Prime Minister.
Millennium will produce and finance the sequel, which Butler will produce along with Alan Siegel, Mark Gill, Matt O'Toole and Danny Lerner. Millennium's Avi Lerner will executive produce with Trevor Short, Boaz Davidson, John Thompson and Christine Crow.
The producers are currently searching for a director, as Antoine Fuqua will not be returning for the sequel, which is slated to start production on May 5, 2014. Nu Image will shop foreign rights at AFM.
“Olympus Has Fallen” grossed $161 million worldwide and was made for about half the budget of “White House Down,” which grossed $204 million worldwide and is not expected to lead to a sequel.
The “London Has Fallen” news was first reported by Screen Daily.