Exclusive: The movie business is on a much needed hot streak. How the momentum impacts two plum packages remains to be seen.

One of them, the feature adaptation of the video game adaptation Split Fiction, has Wicked helmer Jon M. Chu attached to direct what will be another two-hander with female leads. Sydney Sweeney is one of them, and Paul Wernick & Rhett Reese are the writers. They are the scribes behind Deadpool & Wolverine, the Deadpool and Zombieland films. Not surprisingly after the smash results of the screen adaptation of the Minecraft video game, bids are high and a deal is getting close. I’ve heard bid numbers in the multiple millions from Sony and Amazon MGM Studios, with the latter in strong position to take it off the table, and it will likely be settled by early next week.

More intriguing is Deeper. I’ve heard that Ana de Armas...