Companies would split worldwide rights 50/50; deal expected today
Bret McKenzie, Jennifer Coolidge and Jane Seymour. Author Shannon Hale, whose book serves as the basis for the film, co-wrote the script with “Napoleon Dynamite” scribe Hess. Variety’s review said “Austenland” features “brisk pacing, a game cast, numerous throwaway chuckles, a good-natured air and nice visual packaging” and called it “one of this year’s most clearly commercial Sundance entries.” UTA negotiated the sale on behalf of the filmmakers. Exclusive Media co-chairmen Nigel Sinclair and Guy East launched Exclusive Releasing during the Toronto International Film Festival with plans to theatrically distribute between three and four wide and platform releases per year, including Exclusive Media-produced films and third-party titles. The new company also plans to acquire films for accelerated-window and VOD releases, along with developing and acquiring alternative content like concert films and music documentaries. In September, Exclusive Media also acquired a minority stake in Millennium Entertainment, which gives it access to Millennium’s home entertainment distribution systems to supplement Exclusive Releasing’s infrastructure.
Follow @Variety on Twitter for breaking news, reviews and more