Pic selected by Toronto and New York Film fests

Code Red, the acquisitions label jointly owned by Cowboy Booking and Antidote Films, has acquired domestic distribution rights to venerable Japanese helmer Shohei Imamura’s “Warm Water Under a Red Bridge.”

Pic is a comic story about a businessman who loses his job, moves to a small village near the Sea of Japan, and embarks on an affair with a woman whose supernatural sexual powers nurture the local flora and fauna.

Code Red has been negotiating the acquisition since the pic preemed in Cannes. It has since been selected by the Toronto and New York Film Fests.

Code Red bought the pic from Flach Pyramide Intl. Noah Cowan and John Vanco brokered the deal for Code Red. Eric Lagess repped Flach.

Flach has furnished Code Red with three previous pics — Catherine Breillat’s “Fat Girl,” Ziad Doueiri’s “West Beirut” and Tony Gatlif’s “Vengo.”

“We are extremely pleased to continue our warm and profitable relationship with Eric Lagesse and the whole Flach Pyramide team with this film from a great, vital Japanese master,” said Cowan, a partner at Code Red with Vanco and Jeff Levy-Hinte.

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