The fledgling distributor plans to release the film on more than 1,000 screens in early 2008 in an arrangement that will delight the film's producers Occupant Films following a long period of uncertainty over how and when the film would be released.
The Weinstein Company initially acquired worldwide rights at last year's festival and coincidentally had scheduled a limited domestic release for this weekend.
However Senator Entertainment, which had pursued the film since the world premiere last September, finally closed a domestic deal that is understood to be worth as much as the amount TWC paid for worldwide rights.
TWC International chief Glen Basner sold out all territories including a key deal with Senator for German rights. Other deals closed with TF1 in France, Optimum in the UK, Village Roadshow in Australia/New Zealand, and Imagem in Latin America.
'It's great for us, great for the film-makers, and we're making Senator - one of many important partners for us - happy,' Basner said.
He added that TWC would handle the domestic home entertainment release on behalf of Senator Entertainment.
'When we saw this movie at Toronto last year, we immediately secured distribution in Germany,' Senator Entertainment chief executive officer Marco Weber said.
'With our company now set-up for select US releases, we jumped at the opportunity to secure North American rights. We feel this movie has tremendous commercial appeal and it's the perfect project to kick off our US distribution ambitions.'
All The Boys Love Mandy Lane was one of the hottest tickets at Toronto 2006. Jonathan Levine's directorial debut stars Amber Heard as a high school sweetheart who heads off on a terrifying weekend trip with a group of friends. Anson Mount, Michael Welch, Edwin Hodge, Whitney Able, Peyton Hayslip, and Aaron Himelstein round out the cast.
Occupant Films' Felipe Marino and Joe Neurauter produced with Chad Feehan, with Occupant's Keith Calder serving as executive producer.
'Marco is tremendously passionate about the film and shares our belief that it is uniquely positioned to stand out and connect with audiences in a big way,' Neurauter said. 'We couldn't be more excited about Senator's release plans.'
Further details about Senator Entertainment's domestic operation will be unveiled in the coming weeks.
The company is the latest prominent player to step into the mid-range domestic distribution arena, following recent moves by Summit Entertainment, Overture Films, Kimmel Distribution, and Mark Gill and Neil Sacker's The Film Department.
Senator recently completed production on Dennis Lee's Fireflies In The Garden starring Ryan Reynolds, Willem Dafoe, Julia Roberts, and Carrie-Anne Moss, and is preparing the Brett Easton Ellis adaptation The Informers.