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The Signal Sells at Sundance

SignalSundance07logo_18 [Posted by Nicole Sperling] The buying frenzy of the Sundance Film Festival continued into the wee hours of the night when Magnolia Pictures bought North American and U.K. rights to the horror film “The Signal” at 3:00 am. Magnolia bought the picture for just under $2 million, an hour after it first screened at a midnight showing at the Egyptian Theater. Magnolia has yet to confirm the sale. From writers/directors David Bruckner, Jacob Gentry and Dan Bush, “The Signal” centers on a mysterious transmission which invades every cell phone, radio and TV in the city, turning its inhabitants into killers. “The Signal” marks the second purchase for Magnolia. The Mark Cuban-owned studio landed the first sale of the festival with the documentary “Crazy Love," picked up late Saturday. William Morris Independent repped the filmmakers.

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  • Risky Biz blog takes a deep, daily look at the film industry's ups, downs and deals from around the world and the heart of Hollywood. It is edited by media and entertainment journalist Steven Zeitchik, with contributions from The Hollywood Reporter's worldwide team of film editors and reporters. Zeitchik is a Los Angeles-based writer for THR and also has written for The Wall Street Journal and The New York Times.




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