Ron Morales wrote and directed the Filipino crime saga about a desperate man at the centre of a kidnapping plot.
Drafthouse Films plans a limited theatrical and VoD release for 2013.
Morales funded Graceland through a Kickstarter campaign and donations from friends and family. It premiered at Tribeca earlier this year.
“Our primary goal at Drafthouse Films is to search the globe for the greatest storytellers and breakout talent to expose to like-minded fans,” Drafthouse Films CEO Tim League said. “Last year we championed Michaël Roskam’s Bullhead to an Oscar nomination, and this year we have our sights on Ron Morales’ Graceland.”
James Emanuel Shapiro negotiated on behalf of Drafthouse Films with Glen Reynolds of Circus Road Films on behalf of producer Rebecca Lundgren.