EXCLUSIVE: One of the last Sundance Film Festival buzz titles has come off the board. Universal has made a deal for most of the world for a minimum guarantee north of $2 million for Frank And Lola, the Matthew M. Ross-directed drama that stars Imogen Poots, Michael Shannon, Justin Long, Michael Nyqvist, Emmanuelle Devos and Rosanna Arquette.

The film is a psycho-sexual noir love story set in Las Vegas and Paris about love, obsession, sex, betrayal, revenge and ultimately the search for redemption. Ross’ debut feature (he wrote the script) stars Shannon and Poots as a couple that builds an intense relationship that saves each other from their mutual despair, but begins to crack as a man from Lola’s past dampens her future with Frank. There were multiple bidders in the mix after the film premiered to strong reaction last weekend. The film will not be released through big Universal but a 2016 theatrical release is part of the deal and they are figuring out those details.

Parts & Labor’s Jay Van Hoy and Lars Knudsen (Beginners and the Sundance pic The Witch) produced with Lola Pictures’ Chris Ramirez, John Baker and Killer Films’ Christine Vachon and David Hinojosa. The deal was brokered by CAA and Preferred Content, and Arclight handled foreign rights.