The ambitious New York distributor made the announcement on the eve of Sundance [16]. FilmNation handles international sales on the story of real-life affluent friends who robbed the homes of the Hollywood wealthy.

Emma Watson stars alongside newcomers Israel Broussard, Katie Chang, Claire Julien, and Taissa Farmiga. Leslie Mann, Gavin Rossdale, and real-life Bling Ring victim Paris Hilton round out the key cast. A24 will distribute in June.

The screenplay is based on the Vanity Fair article The Suspects Wore Louboutins by Nancy Jo Sales.  

Roman Coppola, Sofia Coppola [pictured] and Youree Henley produced. Emilio Diez Barroso and Darlene Caamano Loquet of the film’s financier NALA Films served as executive producers.

“Sofia Coppola is an iconic American filmmaker and she has focused her distinctive style and uncanny ability to capture the zeitgeist in The Bling Ring,” said A24.

The fledgling distributor, backed by Guggenheim funds, negotiated the deal with ICM Partners and Barry Hirsch.