New Regency Prods. has acquired worldwide rights to director Robert Greenwald’s “Breaking Up,” a romantic comedy starring Russell Crowe and Salma Hayek.

New Regency plans to release “Breaking Up” through Warner Bros. this fall, with an initial limited opening in New York and Los Angeles. The company purchased the rights for $3 million to $4 million.

“After I saw the film, I knew we had to have it,” New Regency’s Arnon Milchan said in a statement. “This is a very intimate, romantic take on the vagaries of contemporary love.”

Pic is about a N.Y. couple whose mutual attraction ignites a hot love affair, but the relationship takes a different turn as they settle down to day-to-day life and must go through the give-and-take to make it work.

The screenplay was written by Michael Cristofer, who won a Tony for his play “The Shadow Box.”

“The movie is about intense love; when you can’t live with someone and you can’t live without them,” Greenwald said.

Crowe stars in Regency’s upcoming “L.A. Confidential,” and Hayek stars in “Fools Rush In” opposite Matthew Perry.

Greenwald’s feature credits also include “Sweethearts Dance.” His TV credits include “A Woman of Independent Means” and “The Burning Bed.”

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