SXSW: Lionsgate Acquires Rights To Eduardo Sanchez Bigfoot Pic ‘Exists’

First deal out of SXSW today is Lionsgate‘s purchase of the North American rights for Eduardo Sanchez‘s Bigfoot feature Exists. Sanchez co-directed the 1999 microbudget title The Blair Witch Project for $60K, which then-distributor Artisan morphed into a worldwide phenom with close to $250 million at the box office. Below is Lionsgate’s release for the Jamie Nash-scripted Exists:

(Austin, TX & Santa Monica, CA, March 8, 2014) — Lionsgate (NYSE: LGF) has acquired North American distribution rights to EXISTSa new horror film from THE BLAIR WITCH PROJECT director Eduardo Sánchez. The film played last night to a sold-out midnight screening at SXSW in Austin.

In Bigfoot’s bold return to the big screen, five friends on a camping weekend in the remote woods of East Texas struggle to survive against a legendary predator that is stronger, smarter, and more terrifying than anything they would have ever believed exists. (more…)

This article was printed from https://deadline.com/2014/03/lionsgate-acquires-north-american-rights-to-sxsw-title-exists-695930/