While several studios are in the mix on the Steven Soderbergh-directed Magic Mike, I’m told that Warner Bros has emerged as the frontrunner to acquire domestic distribution rights and that a deal could be done by next week. The film, which is wrapping this week, stars Alex Pettyfer and Channing Tatum in a Saturday Night Fever-type coming-of-age drama about a young exotic dancer who is schooled by a veteran of the trade. The picture’s budget was ponied up by Soderbergh and Tatum, with Glen Basner at FilmNation making offshore sales. Script was written by Reid Carolin. He’s Tatum’s production partner and they are producing the film with Nick Wechsler and Gregory Jacobs.