Steve, Matt, and I are currently braving the cold of Park City for the 2013 Sundance Film Festival, and following the premieres of some of the major films this past weekend, a few high profile acquisitions are taking place. Briefly:
- Don Jon’s Addiction – Joseph Gordon-Levitt’s directorial debut, a comedy that follows the life of a guido addicted to porn, has been picked up by Relativity Media for a record-breaking $4 million, per Variety. Read Matt’s review here.
- The Spectacular Now – This coming of age drama from director James Ponsoldt (Smashed) and writers Scott Neustadter and Michael H. Weber (500 Days of Summer) garnered some great buzz, and A24 films has picked up the domestic rights. Read Matt’s review here.
- Fruitvale – Fresh off its premiere on Saturday night, this Octavia Spencer and Michael B. Jordan-fronted drama is currently the “buzz” film that everyone’s rushing to see. Variety reports that the Weinstein Company is closing in on a deal worth north of $2 million following a heated bidding war.
- The Look of Love – IFC Films has picked up the rights to Michael Winterbottom’s comedy starring Steve Coogan. Read Matt’s review here.
- Austenland – The new comedy from Jerusha Hess and starring Keri Russell may be been picked up by Exclusive and FilmDistrict. [Update: Talks with FilmDistrict and Exclusive fell through, but Heat Vision reports that Sony Pictures Worldwide has now acquired distribution rights.]
Hit the jump to read the press releases.
Park City, UT (January 21, 2013) - A24 announced the acquisition of North American rights to Sundance favorite THE SPECTACULAR NOW. The James Ponsoldt directed film, from a script by Scott Neustadter and Michael Weber, has become one of the darlings of the Sundance Film Festival and features breakout performances by Miles Teller and Shailene Woodley. Film also features wonderful turns by Brie Larson, Jennifer Jason Leigh, Mary Elizabeth Winstead, Kyle Chandler and Andre Royo. Film premiered on Friday night at Sundance in US Dramatic Competition. A24 will release the film this summer.
“We fell in love with this film the minute that we watched it and we know the rest of the country will embrace this timeless love story. James has directed a wonderful film that depicts young love with complete authenticity and has two young stars giving incredible performances with Miles Teller and Shailene Woodley.” says A24.
Producer Andrew Lauren says, “I am so thrilled that the film has found a home with a company that has such passion for it. It’s been an amazing Sundance and we are so gratified by the incredibly warm response here.”
THE SPECTACULAR NOW was produced by Tom McNulty, Shawn Levy, Andrew Lauren, and Michelle Krumm.
The deal was negotiated with A24 by UTA Independent Film Group on behalf of the filmmakers. James Ponsoldt is also represented by UTA.
This adaptation of Tim Tharp’s novel The Spectacular Now captures the insecurity and confusion of adolescence without looking for tidy truths. Young actors rarely portray teens with the maturity that Teller and Woodley display, and they are phenomenal together. THE SPECTACULAR NOW is a funny, compassionate and poignant love story written by (500) DAYS OF SUMMER scribes Scott Neustadter and Michael H. Weber, directed by James Ponsoldt (SMASHED) and produced by Tom McNulty, Shawn Levy, Andrew Lauren and Michelle Krumm.
PARK CITY, UT (January 20, 2013) – IFC Films announced today from the 2013 Sundance Film Festival that the company is acquiring North American rights to Michael Winterbottom’s LOOK OF LOVEfrom Studiocanal. The film, with a screenplay by Matt Greenhalgh, stars Steve Coogan, Anna Friel, Imogen Poots, and Tamsin Egerton and was produced by Melissa Parmenter. Andrew Eaton, Jenny Borgars, Katherine Butler, Norman Merry, Danny Perkins, and Piers Wenger executive produced the project. LOOK OF LOVE premiered on January 19th at the Sundance Film Festival.
Steve Coogan stars in LOOK OF LOVE, the true-life story of Paul Raymond, the man behind Soho’s notorious Raymond Revue Bar and Men Only magazine. In this latter-day King Midas story, Raymond becomes one of the richest men in Britain – at the cost of losing those closest to him.
Jonathan Sehring, President of Sundance Selects/IFC Films, said: “Michael Winterbottom has consistently impressed us with his remarkable body of work. For our fifth collaboration with him, he’s given Steve Coogan a brilliant showcase for his talents and matched him with the equally impressive Imogen Poots, Anna Friel and Tamsin Egerton. LOOK OF LOVE is a beautifully executed film that we are incredibly proud to bring to audiences later this year. We’re thrilled to be back in business with Michael, our friends at Studiocanal and Revolution Films.”
Noted Winterbottom: “It’s incredible news that IFC Films is going to be releasing THE LOOK OF LOVE in the U.S. We’ve developed an incredible working relationship over the years and I couldn’t be more enthusiastic to have this film in their hands.”
Commented Harold van Lier, EVP International Distribution at Studiocanal: ” “We are thrilled to bring Michael’s phenomenal film to his loyal supporters at IFC Films. They made a bullish offer and their smart business model is exactly how this film should be distributed in the U.S. today. They will give it the proper theatrical release it deserves while going out aggressively on VOD and to us they are the perfect partner to do both successfully while looking after our film and talent with tender, love and care. This was a memorable day for us all at Studiocanal and FilmFour and we are extremely grateful for the support of the Sundance Film Festival and of our dear friends at IFC Films.”
The deal for the film was negotiated by Arianna Bocco, Senior Vice President of Acquisitions & Productions for Sundance Selects/IFC Films with Van Lier at Studiocanal on behalf of the filmmakers.
IFC Films is a sister label to IFC Midnight and Sundance Selects, and is owned and operated by AMC Networks Inc.