Thriller was SXSW audience winner

CANNES — Phase 4 Films has nabbed North American rights to 2010 South-By-Southwest Film Festival audience winner “Brotherhood,” from director Will Canon.

Canon co-wrote the thriller with Doug Simon. Pic stars Jon Foster, Trevor Morgan, Arlen Escarpeta and Lou Taylor Pucci.

Phase 4 intends to release the film late in the year.

“Brotherhood” is set in the world of fraternity hazing, and tells the story of a young freshmen who must rob a convenience store in the final step of his initiation. When things go horribly wrong, he realizes he is up against the very brotherhood he sought to be a part of.

Chris Pollack, Steven Hein, Tom O’Hair and Jason Croft produced. Exec producers are Jamie Patricof, Kevin Iwashina, Darryn Welch and Chris Ouwinga.

Deal was negotiated by Meyerowitz and Larry Greenberg, Phase 4 Films’ senior VP of acquisitions, with Kevin Iwashina of IP Advisors, Nate Bolotin from XYZ Films and Darin Frank and John Hassig of Eisner, Frank and Kahan. In addition to co-repping, XYZ also arranged a portion of the film’s financing. Cinema Management Group is selling foreign rights.

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