PictureThis! Entertainment has acquired all North American rights to Ivo Trajkov'sMacedonian foreign language Academy Award submission The Great Water.

Basedon the novel of the same name by Zhivko Chingo, The Great Water traces the childhood of a high ranking elderlycommunist party member who is approaching death.

IdaMartins, president of German sales company Media Luna Entertainment, negotiatedthe deal with Picture This!, which plans a May 2005 theatrical release.