Sundance: Magnolia Headed Toward ‘S-VHS’ Deal

By MIKE FLEMING JR | Thursday January 24, 2013 @ 11:24am PST
Mike Fleming

BREAKING: Magnolia Pictures is wrapping up a deal worth north of $1 million for S-VHS, after an auction that included Lionsgate and Drafthouse. The deal beats the sum for the first film VHS, which Magnolia also released. The film, which premiered Saturday in Sundance‘s Park City At Midnight section, is a found-footage pic where two private investigators looking for a missing student break into an abandoned house and find a collection of mysterious VHS tapes. They are horrific and shine a light on the motives behind the student’s disappearance. There is a gangbang of directors on this one: Simon Barrett, Adam Wingard, Eduardo Sanchez, Gregg Hale, Timo Tjahjanto, Gareth Huw Evans and Jason Eisener wrote and directed the pic. WME Global‘s Mark Ankner conducted the auction.

Related: Sundance: Magnolia Pictures Acquires ‘Prince Avalanche’

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Hot Bandito Brothers Teaser: ‘The Prototype’

By MIKE FLEMING JR | Thursday June 21, 2012 @ 11:08am PDT
Mike Fleming

The Bandito Brothers, the group that made the hit Act of Valor, is at it again with The Prototype. This is a hot package for an under $40 million action thriller in the vein of District 9 that wasn’t supposed to be auctioned until after I got back from vacation … Read More »

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Fox Searchlight Closes ‘Beasts Of The Southern Wild:’ Sundance

By MIKE FLEMING JR. AND BRIAN BROOKS | Tuesday January 24, 2012 @ 11:35am PST

UPDATE: Fox Searchlight has made the deal official. The release is below the original story.

BREAKING: Fox Searchlight has closed its second big deal of the festival, capturing U.S rights to Beasts Of The Southern Wild, the Benh Zeitlin-directed film that created a ton of buzz since its premiere last Friday at the Eccles Theater. Several distributors were chasing, and Searchlight was rumored to be the most eager since that screening. Last night, Fox Searchlight paid $6 million for world rights to The Surrogate. WME Global sold this one.

Zeitlin wrote the script with Lucy Alibar, and the film stars Quvenzhané Wallis and Dwight Henry. The logline: Waters gonna rise up, wild animals gonna rerun from the grave, and everything south of the levee is goin’ under in this tale of a 6-year-old named Hushpuppy, who lives with her daddy at the edge of the world. The film is in the U.S. Dramatic Competition, and to hear festivalgoers tell it, is a strong contender. Last weekend, the film won the Sundance Institute’s Indian Paintbrush Producer’s Award. Here’s the release: Read More »

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Hot AFM Sizzle Reel: ‘Amber Alert’

By MIKE FLEMING JR | Monday October 24, 2011 @ 8:03am PDT
Mike Fleming

After the frighteningly high opening gross of Paranormal Activity 3, the appetite for “found footage” horror films clearly hasn’t been sated. Here’s a teaser trailer for Amber Alert, a film that will be shopped at next week’s AFM by WME Global, which is repping worldwide rights. The logline: When a … Read More »

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Millennium Buying ‘Bernie’ With Jack Black

Mike Fleming

EXCLUSIVE: A deal is near for Millennium Entertainment to acquire U.S. distribution rights to the Los Angeles Film Festival opening-night pic Bernie. I’m told that it will be the first significant grab for former Film Department co-head Mark Gill since … Read More »

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TOLDJA! Relativity Closes Big Acquisition Deal For Navy SEAL Movie ‘Act Of Valor’

Mike Fleming

UPDATE: Relativity Media has closed its deal for Act of Valor, as Deadline revealed earlier today. Press release is below our original break on the deal. Relativity has dated the film for 2012, so I suspect it … Read More »

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SXSW: Anchor Bay Makes 7-Figure Deal For ‘The Divide’

Mike Fleming

EXCLUSIVE:They saved the best for last on the final movie day of the South By Southwest Festival. In the biggest deal of SXSW this year and possibly ever for the Austin fest, Anchor Bay paid low seven … Read More »

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Sundance: A&E IndieFilms Grabs TV Rights For Roger Corman Documentary

Mike Fleming

EXCLUSIVE: It’s almost like the Sundance Film Festival has started, with all the advance acquisition activity. A&E IndieFilm just acquired TV rights to Corman’s World: Exploits Of A Hollywood Rebel, the documentary about low-budget independent icon Roger Corman. A&E becomes … Read More »

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Magnolia Will Platform Joaquin Phoenix Mockumentary By Casey Affleck Sept. 10

Mike Fleming

phoenix_narrowweb__300x453,0Magnolia Pictures has completed an acquisition of I’m Still Here: The Lost Year Of Joaquin Phoenix, the mockumentary that Casey Affleck directed about his brother-in-law’s bizarre transformation from acclaimed actor to debauched hip-hop artist. Magnolia president Eamonn Bowles tells me the … Read More »

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