HengamehPanahi, head of French sales powerhouse Celluloid Dreams, has confirmed theacquisition of Todd Solondz's upcoming Palindromes.
Panahi toldScreenDaily.com that the new film is almost complete and will be submitted tothe Venice Film Festival. The acquisition was made just before Cannes.
The storyof two rock bands, The Dandy Warhols and the Brian Jonestown Massacre, - onesuccessful, the other doomed - Digwill be released in North America by Palm Pictures and in the UK by MetroTartan. During Cannes, sales were completed for Japan, Australia and Portugal.
WhileCelluloid's international profile has been established for many years, thecompany has traditionally shied away from English-language pictures fromAmerican directors.
Panahicredits Charlotte Mickie, an Alliance Atlantis veteran who was brought on boardin March to ramp up North American activities, with the push towards boutiqueUS fare.
In all,Panahi, who resists divulging details about her sales, says this year's Canneswas the company's most successful.
Celluloidhad four films in competition and reportedly healthy sales on its entire slate.
FrancoisOzon's next film 5x2 sold outeverywhere with the US currently being negotiated. Competition films