TWC was the final bidder in negotiations with sellers Exclusive Media and Likely Story that were concluding on Sunday morning following the world premiere at the Toronto Film Festival, which sparked strong buyer interest. CAA and UTA have been co-representing the U.S. rights while WME and Exclusive Media are handling international territories.
The drama, starring Keira Knightley as an undiscovered singer and Mark Ruffalo as a producer, sparked an auction between TWC and Lionsgate with sellers asking for a $7 million minimum guarantee for the U.S. rights.
The deal also included a $20 million commitment by TWC for prints and advertising.
Producers are Anthony Bregman of Likely Story and Tobin Armbrust of Exclusive Media.