Company nabs rights to Peter Tolan comedy

Magnolia Pictures picked up North American rights to writer-director Peter Tolan’s “Finding Amanda,” which had its world preem in the Tribeca Film Festival.

Semiautobiographical dark comedy from Emmy winner Tolan (“Rescue Me”) stars Matthew Broderick as a drinking and gambling TV producer who’s trying to mend his ways and goes to Vegas to get his niece (Brittany Snow) to enter rehab in hopes of winning back his estranged wife (Maura Tierney).

Release is slated for mid-June via HDNet’s Ultra VOD program; theatrical bow is set for June 27 in eight markets, with a wider platform to follow. Magnolia’s pickup of “Amanda” was negotiated prior to its preem.

Magnolia topper Eamonn Bowles said the company’s experience with more than a half-dozen VOD-to-theatrical releases is that the first window on the smallscreen does not dent DVD sales or theatrical prospects, especially for a title with known leads like Broderick and Snow.

“Films that have some name value or a genre hook that’s easier to encapsulate and summarize will fare better reading off a TV (listing) menu than theatrically,” Bowles said.

 “Amanda” was produced by Wayne Rice and Richard Heller. Magnolia Pictures and HDNet are both part of the Wagner/Cuban collection of media properties headed by Todd Wagner and Mark Cuban.

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