Matthew Broderick plays a former newspaper editor with short-term memory loss who bonds with his aging uncle. Alan Alda and Virginia Madsen also star.
Sherwood Kiraly adapted her own novel. Plum Pictures' Celine Rattray, Galt Niederhoffer and Daniela Tapling Lundberg produced with Tim Evans.
'Terry is such a respected and multitalented artist whose work throughout the years on stage and on screen has entertained and inspired critics and audiences alike,' IFC president Jonathan Sehring said. 'Diminished Capacity combines an all-star cast whose comedic timing and sympathetic characters create the perfect formula for a unique cinematic experience.'
Vice president of acquisitions and production Arianna Bocco negotiated the acquisition with Cinetic's Sarah Lash.