Saban Films has acquired North American rights to horror crime-thriller “Initiation,” directed by John Berardo (“The Labyrinth”). XYZ Films is introducing the film to international distributors during the Cannes virtual market.

The movie, selected for a world premiere in the Midnighters section at SXSW under its original title “Dembanger,” stars Lochlyn Munro (“The Predator,” “Riverdale”), Isabella Gomez (“One Day at a Time”), Jon Huertas (“This Is Us”), Froy Gutierrez (“Teen Wolf”), Bart Johnson (“High School Musical”), and Yancy Butler (“Kick-Ass,” “Drop Zone”).

Inspired by his short film “Dembanger,” about the perils of posting on social media, Berardo penned the script alongside Brian Frager and Lindsay LaVanchy. Shatterproof Films’ Berardo and Frager produced along with LaVanchy, J.P. Castel, Jon Huertas, Stephanie Stanziano, Artisan Post Group and Malsons Media.

Teen horror is back with a vengeance in this edgy slasher about a cruel social media game that spins out of control. Whiton University unravels the night a star-athlete is murdered in the wake of a hidden assault allegation, kicking off a spree of social media-linked slayings. As a masked killer targets students across campus, a trio of sorority sisters race to uncover the truth behind the school’s hidden secrets – and the horrifying meaning of an exclamation point – before they become the killer’s next victims.

“We hope that the film’s topical themes and innovative portrayal of social media resonate with the cultural zeitgeist to create a thought-provoking thrill ride that will appeal to digital natives and genre fans alike,” Berardo said. “’Initiation’ pays homage to the nineties horror classics I grew up on, but with a modern take for today’s socially conscious generation.”

“John has created a frighteningly realistic horror that will have audiences watching with bated breath,” Saban Films’ Bill Bromiley said.

Jonathan Saba and Ness Saban negotiated the deal for Saban Films along with XYZ Films and CAA Media Finance on behalf of the filmmakers.