ARC Entertainment has acquired the U.S. rights to “Chloe and Theo,” starring “Fifty Shades of Gray’s” Dakota Johnson, Larry King (“Larry King Live”), Mira Sorvino (“Mighty Aphrodite”) and newcomer Theo Ikummaq, Arc announced Monday. The film tells the story of Theo (Ikummaq), an Inuit man from the Arctic who travels to New York City to warn...