EXCLUSIVE FROM TORONTO: The Toronto deal logjam seems to be breaking. Sony Pictures Worldwide Acquisitions Group is closing a deal for North American distribution rights to Insidious, the James Wan-directed thriller that premiered in the Midnight Madness program Tuesday. Leigh Whannell wrote the script. I’m told it is a 7-figure deal that is still being finalized after a marathon bargaining session following the screening. The film is a modern take on the haunted house chiller genre. It’s guaranteed a theatrical release, with a level to be determined. Wan and Whannell created the Saw franchise, with Wan directing and Whannell scripting the first pic in that series. Patrick Wilson and Rose Byrne play a married couple with three kids. When tragedy strikes the youngest, begin to experience things science can’t explain. Barbara Hershey and Lin Shaye also star. Pic’s produced by Jason Blum, Steven Schneider and Paranormal Activity helmer Oren Peli Stuart Ford’s IM Global has foreign on the picture and has sold out the world. CAA and Paradigm repped it.
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