BREAKING: North American rights to Jacob Vaughan’s horror comedy Milo went to Magnet Releasing before SXSW officially closed last weekend, marking another genre-leaning sale out of Austin. Ken Marino stars in the Duplass brothers-produced pic as a man who has a demon living in his colon that attacks those around him when he’s anxious. Gillian Jacobs, Patrick Warburton, Mary Kay Place, Stephen Root, and Peter Stormare co-star. Magnet is targeting a release later this year.
The pic, which Vaughan directed and co-wrote with Benjamin Hayes, was produced by Adele Romanski with New Artists Alliance’s Gabriel Cowan and John Suits. Executive producers include Mark & Jay Duplass, John Norris, Kerry Johnson, Dallas Sonnier, Jack Heller and Floren Shieh Productions’ Clay Floren and Aimee Shieh. The deal was negotiated by Magnolia/Magnet SVP Acquisitions Dori Begley and Director of Acquisitions Peter van Steemburg, with ICM Partners repping the filmmakers.