Jim Carrey film acquired by Pictures Group

Jim Carrey starrer “I Love You Phillip Morris” has been acquired for domestic distribution by Consolidated Pictures Group.

Pic features Carrey as a married conman who falls in love with his cellmate, played by Ewan McGregor.

The production and distribution group, which launched at the Sundance Film Fest, has set a Valentine’s Day release.

CPG principals Timothy Patrick Cavanaugh, Randall Miller, Jody Savin and James Mancuso made a mid-seven-figure deal with the pic’s financier, EuropaCorp, and a significant P&A commitment. Savin and Miller self-distributed their 2008 pic “Bottle Shock.”

The film, written and directed by Glenn Ficarra and John Requa (“Bad Santa”), debuted at Sundance and makes its Gallic premiere as a Directors’ Fortnight offering at Cannes.

Pic is produced by Mad Chance’s Andrew Lazar with Far Shariat, and Luc Besson is executive producer.

CPG has brought on Matthew Cohen to supervise marketing and distribution. He worked on the campaigns for “The Curious Case of Benjamin Button,” “Hairspray” and “No Country for Old Men.”

CAA brokered deal for ‘Phillip Morris.’

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