Mike Fleming

EXCLUSIVE: Paramount has come aboard to distribute Labor Day, the adaptation of the Joyce Maynard novel that was scripted and will be directed by Jason Reitman, who is making this his next film. The studio joins Indian Paintbrush and Reitman’s Right of Way to produce the romantic drama, which stars Kate Winslet as a single mother who takes in a stranger with a dangerous past, played by Josh Brolin, and she falls in love with him over the course of Labor Day Weekend. Production is expected to start in June 2012. Paramount and Indian Paintbrush already have partnered on Like Crazy and Jeff Who Lives at Home, the latter of which is playing here at Toronto. UPDATE: Paramount just made it official with a release:

HOLLYWOOD, CA (September 9, 2011) – Paramount Pictures and Indian Paintbrush jointly announced today they will co-produce, and Paramount will distribute, Academy Award®-nominated writer / director Jason Reitman’s LABOR DAY starring Academy Award®-winner Kate Winslet and Academy Award® nominee Josh Brolin. Indian Paintbrush will co-finance the project, with the company’s Steven Rales and Mark Roybal executive producing.

The movie will be produced by Academy Award®-nominated producers Lianne Halfon and Russell Smith of Mr. Mudd Productions, along with Reitman and Helen Estabrook of Right of Way Films.

Adapted by Reitman and based on the novel by Joyce Maynard, LABOR DAY tells the story of an escaped convict (Brolin) who seeks shelter with a single mom (Winslet) and her young son over a long Labor Day weekend.

The film marks the fourth collaboration for Jason Reitman and Paramount. His latest film “Young Adult,” starring Charlize Theron, will hit theaters on December 9, 2011. The studio previously released his Academy-Award® nominated “Up in the Air”in 2010. Earning over $160 million world-wide, the movie earned six Academy-Award® nominations, and five Golden Globe nominations, with Reitman taking home the Golden Globe for Best Adapted Screenplay.

Indian Paintbrush, Mr. Mudd and Right of Way Films also produced the upcoming Paramount Vantage film “Jeff, Who Lives At Home,” starring Jason Segel and Ed Helms. Directed by Jay and Mark Duplass, the movie is set for release in March 2012 and will have its world premiere at the 2011 Toronto International Film Festival.

Kate Winslet and Josh Brolin are repped at CAA. WME reps Jason Reitman and Mr. Mudd.

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