EXCLUSIVE: In the latest in a string of Sundance distribution deals, the relationship comedy The Freebie was acquired by Phase 4 Films. Price was low to mid-6-figures for North American rights and a summer release, sources said. Four companies chased it before the deal closed late Sunday. Katie Aselton wrote and directed the film. She also stars with Dax Shepard as a young couple whose marriage has grown stale after seven years. Looking to shake things up, they agree each can have a one-night stand with a stranger. Adele Romanski produced and Aselton was executive producer with her husband, Mark Duplass. He also had a Sundance debut of his film Cyrus, the Scott Free-produced Fox Searchlight comedy he directed with his brother, Jay Duplass. Phase 4’s Berry Meyerowitz and acquisitions exec Larry Greenberg made the deal. It was the third Sundance transaction for Submarine’s Josh Braun, who teamed with CAA to sell the docu The Tillman Story to The Weinstein Company, and made a deal with Roadside Attractions for Winter’s Bone, right before that film won the Grand Jury Prize for Drama. Submarine is also near a deal for the docu Joan Rivers: A Piece of Work. Submarine’s Jason Janego assisted.
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