Tribeca Film has snapped up U.S. rights to “The Bang Bang Club,” the drama based on the book about the lives of photojournalists covering the last days of apartheid.

Ryan Phillippe, Malin Akerman and Taylor Kitsch are among the cast of the pic from writer-director Steven Silver. Movie bowed at the Toronto Film Festival earlier this year.

Distribution platform Tribeca Film is an arm of Tribeca Enterprises, which also operates the Tribeca Film Fest. Company aims to release “Bang Bang” theatrically, as well as via VOD and other platforms, in the second quarter of 2011.

“Bang Bang” is produced by Daniel Iron, Lance Samuels and Adam Friedlander for Foundry Films/Out of Africa. Distribution deal was negotiated by Adam Sloan and Randy Manis of Tribeca with Iron and Entertainment One’s Charlotte Mickie.

Tribeca Film was launched this spring, in advance of the Tribeca fest. Pickups since have included “Road, Movie” and “The Immaculate Conception of Little Dizzle.”