EXCLUSIVE: CBS Films is negotiating to co-finance Seven Psychopaths, the next film by In Bruges writer/director Martin McDonagh. CBS Films will distribute the film in the United States. The film reunites McDonagh with his In Bruges star Colin Farrell, who plays a screenwriter who struggles to find the handle on his script, called Seven Psychopaths. He gets drawn into the dognapping escapades of his friends (played by Rockwell and Walken). Once the beloved Shih Tzu owned by a psychopathic gangster goes missing, the screenwriter finds himself fueled with all the drama he needs for his screenplay, if he can stay alive long enough to write it all down. The film’s produced by Graham Broadbent and Peter Czernin, with Tessa Ross set as executive producer. CBS Films executive vice president Scott Shooman will oversee it when it shoots in Los Angeles this fall.

CBS Films, whose president/CEO Amy Baer just finalized her exit to produce for the company starting in late October, has made a strong effort under COO Wolfgang Hammer to supplement its home grown pictures with films that are acquired either finished or at script stage. CBS Films began its acquisitions uptick with The Mechanic, and recently made the big deal of the 2011 Toronto Film Festival acquiring Salmon Fishing in the Yemen for north of $5 million. CBS Films also made a script stage acquisition of the Colin Firth-Cameron Diaz-starrer Gambit, which Michael Hoffman directed from a script by Joel and Ethan Coen.