Duo team to buy 'Blue'
IFC and the Weinstein Co. are teaming to buy North American rights to “Out of the Blue,” which played this year’s Toronto Film Festival.IFC will release the film, the true story of a New Zealand gunman, on day-and-date label First Take, with TWC handling homevid release through its Genius Products unit. David Gray went on a rampage and killed 13 people in a small Kiwi town in 1990 before being shot dead by police. Feature focuses on the reaction of locals as they try to rescue Gray’s victims, often becoming victims themselves. Robert Sarkies directed from a script by Graeme Tetley. Tim White and Steven O’Meagher produced; the New Zealand Film Commission, NZ on Air, TV3 and Dendy Films financed. Country’s film commission also was behind Toronto pic “Black Sheep,” a horror-comedy picked up earlier this month by IFC and the Weinstein Co.