Deadline is reporting that Focus Features have finalised the deal in securing the worldwide distribution rights for James Gray’s upcoming drama Armageddon Time.

Armageddon Time is a drama based on Gray’s childhood memories being put into a big-hearted coming-of-age feature that explores friendship and loyalty against the backdrop of an America poised to elect Ronald Reagan as President.

The report states that the fee for the deal is believed to be $15m. James Gray released a statement saying:

It’s really a dream come true for me, to do this kind of personal story, and to do it for such a wonderful partner in Focus Features. I could not ask for a better home for this film.

Armageddon Time will star Robert De Niro, Oscar Isaac, Donald Sutherland, Anne Hathaway and Cate Blanchett.