UPDATE, 3:16 PM: Magnolia Pictures has confirmed news that Deadline broke yesterday: It has acquired North American rights to Frank, starring Michael Fassbender. Read the full release below the original story.
PREVIOUS EXCLUSIVE, THURSDAY AM: Magnolia is zeroing in on a low seven-figure domestic deal for Frank, the Lenny Abrahamson-directed film about a band that is led by an eclectic genius lead singer who, everywhere he goes, wears an oversized head, even on stage. Now, this has been one of the most intriguing titles, given that the actor playing him is Michael Fassbender, the hunky Irishman who was just Oscar-nominated for his role in 12 Years A Slave.
The film also stars Maggie Gyllenhaal, Scoot McNairy and Domhnall Gleeson and the vantage point is a fledgling musician who joins the band. The film is repped by WME Global, and while the deal flow has been a bit on the slow side, that agency has managed to close a deal through all of the six days of the fest. I wrote about how Graham Taylor’s Sundance team of Mark Ankner, Liesl Copland and Alexis Garcia got minted as partners, and maybe that was the extra motivation, but they bagged the fest’s first big deal on the opening night film Whiplash, and haven’t let up. Frank first premiered last Friday night at the Eccles Theater.