Buscemi directed from his own screenplay and stars opposite Sienna Miller as a jaded political journalist who is assigned to interview a celebrity.
'It was always Theo's dream to make films in America and to have his work seen here,' producer Bruce Weiss said. 'Gijs [van de Westelaken, producer] and I are thrilled that Steve and Sienna helped us realize that dream.'
'I'm excited to have Sony Pictures Classics as a partner in such an important film,' Cinemavault Releasing International's chief executive officer Nick Stiliadis, who served as executive producer, said. 'It's a great start to the trilogy. Theo would be proud.'
SPC co-heads Michael Barker and Tom Bernard and acquisitions chief Dylan Leiner negotiated the deal with Cinemavault, which holds the remaining international rights.
'We have always wanted to work with Steve Buscemi, and we've admired Sienna Miller's work over the last several years,' a statement from SPC read. 'We're thrilled to bring this movie out in July as we think it's a perfect summer film.'
The film is a Dutch-American co-production between van de Westelaken's Amsterdam-based Column Film and Weiss' New York-based Ironworks Productions.
Meanwhile Cinemavault announced it has closed sales in Germany (Kinowelt), France (Diaphana), Italy (Fandango), Spain (Golem), Scandinavia (CCV), Switzerland (Rialto Film), Benelux (A-Film), Austria (Polyfilm), Poland (Solopan), and CIS (Maywin Media).
Deals also closed in Greece (Spentzos Films), Iceland (Samfilm), the former Yugoslavia (Karantanija), the Middle East (Front Row), Czech Republic (CinemArt), and Turkey (Mars). The UK, Japan and Latin America are close.