CANNES — Paramount Classics has jumped into the buying market, snapping up the American and U.K. rights to Rod Lurie’s “Deterrence.”
Par co-prexies David Dinerstein and Ruth Vitale made the purchase of the psychological thriller, which stars Kevin Pollak, Timothy Hutton, Sean Astin and Sheryl Lee Ralph.
Pic, which was written and directed by Lurie, marks the first acquisition in Cannes for the inchoate acquisition and production specialty division at Paramount.
It also becomes only the second pickup by a major distribber in a festival that has been marked by studio and indie indifference to a variety of available films.
Set in 2008, pic takes place over election eve, when the embattled incumbent president of the United States find himself trapped inside a diner in a freak snowstorm. When the Iraqis invade Kuwait, the president is forced to operate from the diner.
The deal was brokered by Vitale and Dinerstein along with Willi Baer and Bruno Hoefler of Pueblo Film.
Lurie comes to filmmaking after a long career as a Hollywood journalist.
TF1 Intl., which financed “Deterrence,” is also selling foreign for the pic. Marc Frydman and James Spies produced. Maurice Leblond and Steve Loglisci are exec producers.