Magnolia Pictures has scooped up worldwide rights to the documentary The Wolfpack.
A source pegs the deal at high six figures.
The movie follows the true story of the Angulo brothers, nicknamed "the Wolfpack." Isolated from the rest of society, the six teenagers learn about the outside world by watching and re-enacting films within the confines of their Manhattan apartment. The documentary traces their day-to-day and reveals what happens to the brotherhood when one Angulo brother escapes into the real world.
The Wolfpack was directed by Crystal Moselle.
The film was produced by Moselle, Kotva Fims’ Izabella Tzenkova, Verisimilitude’s Hunter Grayand Alex Orlovsky. David Cross, Tyler Brodie, Louise Ingalls Sturges and Cameron Brodieexecutive produced.
Christina Rogers will be handling international sales for Magnolia at the European Film Market next month.
“The Wolfpack is an artfully crafted, utterly unique and profound film about insuppressible creativity and intellectual curiosity," Magnolia president Eamonn Bowles said. "It's also a jaw-dropper. Crystal Moselle has done a remarkable job and we are thrilled to be a part of the Angulo brothers’ incredible story."
Added Moselle: "We are thrilled to be working with Magnolia. The Angulo brothers’ passion for film is a perfect fit with Magnolia’s sensibility and devotion to a diverse roster of documentary, art house and foreign cinema. We could not have imagined a better company to take on The Wolfpack."
Before nabbing The Wolfpack, Magnolia had already acquired three films at Sundance 2015: Results, Tangerine and Best of Enemies.
The deal was negotiated by Magnolia's Dori Begley and John Von Thaden. Josh Braun, David Kohand Dan Braun of Submarine repped the filmmakers. Submarine's new label, Sub-Version, is handling the remake rights, which were not included in the Magnolia deal.