A couple of interesting acquisitions have been announced. First up, Jason Blum’s Blumhouse Productions—known for its small budget, big profit model with the Paranormal Activity films and Insidious—has acquired a found footage movie called Peachfuzz, produced by the incredibly hard working brothers Mark and Jay Duplass. Plot details on the project are being kept under lock and key, but Mark stars in the film that centers on a young man who answers a Craigslist ad “and gets much more than he bargained for.” Production on the Patrick Brice film has already wrapped.
Hit the jump for news regarding writer/director Sofia Coppola’s The Bling Ring, starring Emma Watson.
Additionally, A24 announced that it has acquired Sofia Coppola’s next film, The Bling Ring. The pic is based on the true story of a group of teenagers who robbed the homes of the rich and famous between October 2008 and August 2009, coming away with over $3 million worth of loot from the likes of Paris Hilton, Orlando Bloom, and Lindsay Lohan. Emma Watson takes the lead role in the film alongside Leslie Mann, Taissa Farmiga, Israel Broussard, Katie Chang, and Claire Julien. A24 will release The Bling Ring sometime in June, but no specific date is given.
Read the press release for Peachfuzz below:
Park City, UT (January 17, 2013) – On the eve of the Sundance Film Festival, Blumhouse Productions announced that it has acquired the distribution rights to PEACHFUZZ in a preemptive bid and will serve as a partner on the film. A secret found footage horror film produced by Mark & Jay Duplass, PEACHFUZZ is directed by newcomer Patrick Brice and stars Mark Duplass. Jason Blum and Blumhouse will work with the Duplass brothers on the film, distribution and marketing.
PEACHFUZZ follows the story of a young man who answers a Craigslist ad and gets much more than he bargained for. Full details about the film are being kept under wraps and additional distribution information will be revealed at a later date.
"We've been wanting to do something with Jason and Blumhouse for awhile," said Mark Duplass. "Our love for the absurd and uncomfortable combined with his horror experience is the exact fit we wanted for our vision for the found footage genre."
Jason Blum, founder and CEO of Blumhouse said: "Mark, Jay and Patrick have put an exciting new spin on found footage horror and we look forward to working with them."
The deal for the film was negotiated by Josh Braun from Submarine, who is also serving as an EP on the film.
Blumhouse's next movie is the Scott Stewart directed Dark Skies for Alliance/Dimension which opens on February 22nd, 2013.