The JC Chandor-directed drama Margin Call sold to Roadside Attractions and Lionsgate after an all night bargaining session. The film stars Kevin Spacey, Paul Bettany, Jeremy Irons, Zachary Quinto, Penn Badgley, Simon Baker, Mary McDonnell and Stanley Tucci. That cast alone had buyers circling the modestly-budgeted film because of its ancillary prospects. Talk last night had the film in the low-seven figure range, and plans for a theatrical release that’s described as a joint release between the companies. I haven’t heard deal figures yet, but the film becomes the second Sundance sale, after Like Crazy sold to Paramount and Indian Paintbrush.
The Margin Call deal was brokered by Cassian Elwes and UTA’s Rena Ronson, with Roadside’s Howard Cohen and Lionsgate’s Steve Beeks. The film premieres Tuesday night at the Eccles. Chandor wrote the script, which takes place in a 24-hour period at the start of the financial collapse of 2008. A group of characters at a financial firm make decisions that have moral implications as the firm teeters on the brink of collapse. Myriad Pictures is selling international, and brokered many of those deals at AFM.