James Vanderbilt wrote the script that sees a paramilitary takeover of The White House. Channing Tatum will star as a single father and Secret Service agent.
Reddick will play Colonel Janowitz, who serves as the handle for the Speaker of the House (Richard Jenkins) who trails the Vice President in America's presidential line of succession.
Maggie Gyllenhaal would play a fellow Secret Service agent. Jamie Foxx is set to play the president of the United States in the film. James Woods is in talks to play the head of the Secret Service. Joey King will play Tatum's young daughter. Jason Clarke will play Stenz, the leader of the mercenaries.
Sony Pictures paid $3 million for the script, the highest amount for a spec script sale so far this year.
Roland Emmerich will direct
Emmerich, Vanderbilt, Harald Kloser, Bradley Fischer and Laeta Kalogridis will produce.
Production kicks off this month in Montreal.
Down is not to be confused with a rival project with the similar action-thriller Olympus Has Fallen.
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