The deal came on Monday at the Toronto Film Festival, two days after the movie, directed by Baumbach from his own script, screened in the Special Presentations section.
UTA handled the domestic sale. It’s the first Toronto deal this year for two-year-old A24.
The film also stars Charles Grodin, Adam Horovitz, Maria Dizzia, and Ryan Serhant. Producers are Scott Rudin, Noah Baumbach, Lila Yacoub, and Eli Bush.
“We are enormous fans of Noah’s and were completely won over by ‘While We’re Young,'” the company said in a statement. “Noah delivered a multi-generational comedy that is smart, extremely funny, and incredibly insightful, and which audiences across the country will embrace.”
The film is Baumbach’s follow-up to “Frances Ha.” Stiller and Watts play husband-and-wife filmmakers who become friends with a mid-20s hipster couple (Driver and Seyfried).
Peter Debruge of Variety gave the film a strong review, saying, “Baumbach’s own acutely observed this-is-life laffer features his most relatable characters yet.”
News was first reported by Deadline.com.