The movie is being produced by 21 Laps' Shawn Levy and Dan Levine, both Oscar-nominated for "Arrival" and their 21 Laps partner Dan Cohen, Emmy-nominated alongside Levy for "Stranger Things" and Jen Dana of 3311, which is co-financing with Endeavor Content, reports variety.com.
"The Last Drop", written by Brandon Murphy, Phillip Murphy, and Elizabeth Chomko ("What They Had"), follows culinary show host Clay Mason (Vaughn), a charming bon vivant whose endless meals and long nights of drinking have brought his career to a tipping point.
Just as his debilitating lifestyle begins to unwind his career, he crosses paths with Holly (Horgan), a spirited antiques dealer who sees through Clay's bravado and helps him find the strength to pull out of his tailspin.
"Clay requires a nuanced performance as he is both incredibly charming and seriously flawed, and with Vince's ability to be exceptionally funny while at the same time highly affecting, he is perfectly cast in the role," Levy, Levine and Cohen said in a statement.
The statement further read: "We are thrilled to be working with Vince again and can't wait to see the chemistry he and Sharon will share on screen. Chris comes from a strong background of comedy and has really extended his range with 'Ramy,' which is utterly compassionate while never missing a comedic beat."
( With inputs from IANS )