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Magnolia Pictures has boarded Bone Tomahawk, the horror Western from S. Craig Zahler starring Kurt Russell, Peter Sarsgaard, Jennifer Carpenter and Timothy Olyphant. Magnolia parent 2929 Entertainment has come on board to fully finance the project, which begins shooting in August in Utah and which the uConnect-Celluloid Dreams combo has been selling at Cannes. Caliber Media Co.’s Dallas Sonnier and Jack Heller and Floren/ShiehProductions’ Aimee Shieh and Clay Floren produce alongside 2929’s Ben Cosgrove and Shay Weiner. Constantin has taken rights for German-speaking Europe and the film has presold in France (Wildside), Australia (Transmission), Russia (Luxor) and Thailand (IPA Asia). The uConnect/Celluloid partnership’s Cannes slate includes Giuseppe Tornatore’s The Best Offer and Katrin Gebbe’s Nothing Bad Can Happen which is playing in the Un Certain Regard section. Another uConnect/Celluloid title is the Takashi Miike competition pic Shield Of Straw. The companies said they have acquired Miike’s next pic, taking international rights to his contemporary take on Japan’s most famous and chilling ghost story Yotsuya Kaiden.

Mongrel Media has been on a shopping spree during Cannes, acquiring all Canadian rights on competition titles Inside Llewyn Davis and Paolo Sorrentino’s La Grande Bellezza. Its latest pickup is competition entry Blue Is The Warmest Color from director Abdellatif Kechiche. The movie premieres here Thursday. Léa Seydoux and Adèle Exarchopoulos star in the lesbian coming-of-age story. Mongrel is planning a 2014 release.

Easternlight, the specialty label of Arclight Films, has sold myriad territories on Jet Li-starrer Badges Of Fury. Zhang Wen, who was in the recent Chinese box office smash Journey To The West, co-stars. Sales include the U.S. (Well Go), Australia/New Zealand, Germany, Hong Kong, Greece, Italy, Japan, Latin America, Spain and Turkey. The detective action comedy opens in China in June.

Stealth Indie, which focuses on commercial genre from British and European talent, has come aboard three new films set to shoot at the end of July. The Hatching is a creature horror pic about man-eating crocodiles set on the Somerset moors to be shot by commercials and documentary director Michael Anderson. Greg Davies (The Inbetweeners Movie), Thomas Turgoose and Sylvia Syms star. Repercussion is a blackly comic thriller starring Joseph Millson as a reluctant hold-up man, on the run. Sarah-Jane Potts (Kinky Boots) also stars. John Langridge directs. Finally, crime thriller The King’s Men is set in world of underground poker. Capital Films is producing. John Hannah, Martin McCann and Katrina Cas star. Schuman Hoque is director.

Bobby Paunescu and Jared Underwood’s Solar Entertainment Group is partnering with Romanian real estate entrepreneur Dragos Savulescu to launch Solar Studios. The Bucharest-based facility will take over what was formerly known as Kentauros Studios, which Savulescu recently acquired. It will also align with Paunescu’s Mandragora Studios to become one of the biggest full-service studios in Europe. Veteran cinematographer Viorel Sergovici will run Solar Studios.