‘Succession’ Creator Jesse Armstrong to Write and EP Feature Film About an International Financial Crisis

The film is set at HBO Films and will go into production in 2025.

“Succession” creator Jesse Armstrong is back at HBO, this time with a film.

IndieWire can confirm that Armstrong’s next project after wrapping “Succession” in 2023 is a feature film set during an international financial crisis. The movie is currently in the works; Deadline first reported the news of the project.

Armstrong’s currently-untitled feature will center on four friends who meet up during the turmoil of an ongoing international financial crisis. The project is based on an original idea, with Armstrong executive producing alongside his “Succession” collaborator and fellow producer Frank Rich. Both have overall deals at HBO; the film is part of HBO Films.

Armstrong is still writing the script; production will begin later in 2025. Armstrong previously landed a Best Adapted Screenplay Oscar nomination for his 2009 film “In The Loop,” which he cowrote with “Veep” creator Armando Iannucci, Simon Blackwell, and Tony Roche.

“Succession” aired for four seasons on HBO and accumulated 75 Emmy nominations and 19 wins. The “Succession” finale set a series viewership record.

Armstrong’s fellow “Succession” executive producer Adam McKay also tackled a financial crisis drama with “The Big Short.”

Though Armstrong is turning to feature film and away from TV at the moment, perhaps there could be more “Succession” in the future. Series alum Matthew Macfadyen previously said at the Emmys that a “Succession” spinoff is “highly unlikely,” but not totally off the table.

“I would say, ‘Never say never,’ but it’s highly unlikely,” Macfadyen said of a follow-up. “But it will depend on what [creator] Jesse Armstrong wants to do, but I think Jesse’s instinct, and all our instincts, is that it ended in just the right place.”

Macfadyen continued of the final season, “And we sort of didn’t tie it up, we just left [them]… to carry on in their strange and crappy world. So as nice as it would be to work with everybody again, I do think it would be strange to do a spinoff.”

Armstrong said in the book “‘Succession’: Season Four: The Complete Scripts” that originally HBO wanted the final season to be split into two parts; however, he disagreed.

“My sense was that we should do one last full-fat season rather than stretch it out,” Armstrong wrote. “But I was wary of saying goodbye too fast to all the relationships and opportunities, of leaving creative money on the table, regretting all the subplots that would go unwritten, the jokes left untold.”