“Like millions of people around the world, I was completely engrossed watching the rescue at Copiapó. At its heart, this is a story about the triumph of the human spirit and a testament to the courage and perseverance of the Chilean people. I can't think of a better story than this one to bring to the screen,” Medavoy said in a written statement.
In the statement, one of the miners, Juan Andrés Illanes said, “We consider this to be a great step towards the realization of a film based on our experience in the mine. This is the only official and authorized film about what we lived in the San José mine. Much of our story has never been told."
Medavoy and the vice presidet of his Phoenix Pictures, Edward McGurn, will produce through Medavoy's new company, Half Circle.
Medavoy, who was born in Shanghai, China in 1941, lived in Chile from 1947 to 1957.
The 33 miners are represented by WME and the law firm of Arent Fox in the United States and Carey y Cía in Chile. José Rivera is represented by ICM.
Production on the film is scheduled to start in 2012.