Two more acquisitions were closed in Park City yesterday in arguably the busiest Sundance on record for deals. New distributor THINKFilm, which yesterday completed its acquisition of Gus Van Sant's Gerry, has now taken North American rights on out-of-competition selection Love In The Time Of Money, while Chris Blackwell's Palm Pictures picked up North American rights to Julio Medem's hit Spanish film Sex And Lucia (Sex Y Lucia) which is in the world cinema section.
Meanwhile United Artists was close to picking up Rebecca Miller's well-received Personal Velocity starring Parker Posey, Kyra Sedgwick and Fairuza Balk.
Love In The Time Of Money was out of competition because it is executive produced by Robert Redford and Michael Nozik through their South Fork Pictures banner. Written and directed by theatre director Peter Mattei, it is a multi-story ensemble piece about nine people looking for love in New York. Among the cast are Steve Buscemi, Rosario Dawson, Michael Imperioli, Carol Kane, Adrian Grenier and Jill Hennessy.
It is the fourth digital video film produced by Jason Kliot and Joana Vicente's Blow Up Pictures to find US distribution - out of four - after Chuck And Buck, Series 7 - The Contenders and Lovely And Amazing. Kliot and Vicente produce 35mm films through their other company Open City Films.
"There has been a lot of interest in the film but Mark Urman [US distribution chief of THINKFilm] saw the film early on and made it very clear that he wanted to distribute the film and he won out because he was the most passionate," said Kliot. "He sees huge potential in the film and there are so many ways to market it."
The deal was negotiated by Urman with Bart Walker of ICM and entertainment lawyer Andrew Hurwitz.
The Palm deal on Sex Y Lucia was negotiated by Blackwell and David Koh, head of acquisitions and production for Palm Pictures, and Sunmin Park of Maxmedia and Fernando Bovaira of Sogepaq.
Sex Y Lucia, which is nominated for 12 Goya nominations, is the story of a young waitress who takes a vacation on a secluded Mediterranean island after losing her long-time boyfriend and there begins to recall the dark corners of the relationship. The film stars Paz Vega and Tristan Ulloa and was shot with the new CineAlta HDCAM 24P camera.
"We are very proud and excited to work with Julio Medem, who is one of the world's most innovative filmmakers," says Koh. "Medem is a master of complex and sensual storytelling."