Def Pictures has teamed with Live Nation Productions, WorldStar Hip Hop, and Hunting Lane Films for the comedy, reported Variety.
The coming-of-age film is written and directed by Ian Edelman.
The movie has a music business theme, following two buddies looking to land a record deal before one heads to college and the other to the military. The story takes place during "one wild night," but will shoot for six weeks in New York, including on location at The Meadows Music and Arts Festival at Citi Field in Queens, and a live concert at the Gramercy Theater.