Neon, an independent film studio, acquired worldwide distribution rights for 'Together,' a horror film starring Alison Brie and Dave Franco, at the Sundance Film Festival. This deal, reportedly worth $15-17 million, marks a significant acquisition at a quieter festival this year.
Neon , an independent film studio, has acquired global distribution rights for the horror film ' Together ' at the Sundance Film Festival , marking a significant deal at a relatively quiet festival this year. Sources close to the deal, who wished to remain anonymous, reveal that Neon secured the film for between $15 million and $17 million. ' Together ,' starring Alison Brie and Dave Franco , premiered to an enthusiastic audience on Sunday at Sundance.
The film centers on a couple who relocate to the countryside and encounter supernatural phenomena. Neon plans to release 'Together' in theaters in August. The studio will handle distribution in the United States and will manage international rights sales at the upcoming Berlin Film Festival. This latest acquisition marks Neon's continued venture into the horror genre, following the success of last year's 'Longlegs,' starring Nicolas Cage. 'Longlegs' became Neon's highest-grossing opening weekend ever and achieved the best launch for an indie horror film in a decade, despite a budget under $10 million. While 'Together' stands out as a notable deal, Sundance has experienced a slower pace of business compared to previous years. The festival hasn't escaped the industry's evolving landscape, as streaming platforms have increasingly secured global rights to popular titles, and major studios have scaled back their spending due to constrained budgets and uncertainties surrounding box office returns for smaller films. The trend of deals closing later in the festival or even weeks afterward has become more prevalent. Adding to the challenges, the recent devastating wildfires in Southern California have significantly impacted the entertainment industry. The fires, estimated to have caused over $250 billion in damages, one of the most costly natural disasters in U.S. history, led to the temporary halt of at least 30 film and TV productions. Studios and producers also face rising costs for resources, permits, and potential insurance, further compounding the strain on an already volatile Hollywood. Despite these obstacles, 'Together' ignited a healthy bidding war, and several other projects have garnered attention. 'Kiss of the Spider Woman,' a musical drama featuring Jennifer Lopez and Diego Luna, based on the acclaimed Broadway musical, has generated buzz. Additionally, 'Sorry, Baby,' a drama written and directed by actor-comedian Eva Victor in her directorial debut, has attracted interest. Documentaries, a longstanding hallmark of Sundance, have also received notable attention, including 'The Stringer,' a thought-provoking film examining the authorship of the iconic Vietnam War-era photograph known as 'Napalm Girl.' Sources suggest that at least a half-dozen deals might be finalized before the end of the week, with more potentially struck in the following weeks.
Sundance Film Festival Neon Together Alison Brie Dave Franco Horror Film Distribution Rights Film Deals Hollywood
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