Sources confirmed the North American deal on Tuesday that is understood to have closed for a little under $10m.
IM Global handles international sales on the upcoming thriller starring Emma Watson, Tom Hanks, John Boyega, Patton Oswalt and Ellar Coltrane.
James Ponsoldt will direct The Circle from the book by Dave Eggers about a young woman who struggles to maintain her own identity as she is encouraged to become the public face of her tech giant employers. The script is well regarded and a number of buyers had been tracking the project.
Image Nation Abu Dhabi fully finances and Image Nation presents the film in association with Parkes MacDonald Productions.
Playtone Productions’ Gary Goetzman and Tom Hanks and Anthony Bregman of Likely Story produce with Ponsoldt. EuropaCorp’s Christophe Lambert will executive produce with Steven Shareshian, Evan Hayes, Stefanie Azpiazu, Ron Schmidt and Sally Willcox.
EuropaCorp brokered the deal with UTA Independent Film Group and CAA.