Apple Original Films has confirmed it will be the studio backing and distributing Bad Blood, the drama about the shocking rise and fall of Theranos CEO Elizabeth Holmes that Adam McKay is writing to direct, with Jennifer Lawrence starring. The project was originally set up at Legendary after a heated auction in 2016, and it will be a coproduction between Apple Studios and Legendary. McKay’s Hyperobject Industries has a multi-year first look deal at Apple for scripted movies.

The Apple landing has been months in the works, but no one would confirm it. It comes at a time when Holmes is in the third week of her trial on charges of defrauding investors and patients on claims she made about her blood testing start up, even as it became clear there were major flaws in her mousetrap.

Holmes’ Silicon Valley blood testing startup catapulted the Stanford dropout to short-lived status as the youngest and richest self-made billionaire as shares of Theranos became the darling of the venture capital set. It all came tumbling down after an expose by former WSJ investigative reporter John Carreyrou. The film is based on his book, Bad Blood: Secrets and Lies in a Silicon Valley Start Up. For more details, read the full Deadline report.

Archive: Apple TV News