Brett Ratner's Milli Vanilli Film Dropped by Avi Lerner's Millennium Media
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Variety has confirmed.
However, the project has other bidders and investors who are fully financing production, according to RatPac. Millennium and Ratner’s RatPac Entertainment released a joint statement on Wednesday regarding the decision.
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“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,” the statement reads. “Millennium will not be selling the film at EFM or be involved in the production.”