The Orchard has acquired worldwide rights to Louis C.K.’s I Love You, Daddy for $5 million, which is right in line with Neon’s acquisition of Toronto’s other hot sales title, I, Tonya. Look for Scott Cooper’s Hostiles to be the next major title to sell thanks to stars like Christian Bale, Ben Foster and Rosamund Pike.
The Orchard plans to release the black-and-white film in theaters this fall, which is a departure for Louis C.K., who typically releases his work on his website. At the film’s world premiere on Saturday, the director said that the film was financed by profits from his web series Horace and Pete.
Here, C.K. plays a successful TV writer-producer whose 17-year-old daughter (Chloe Grace Moretz) strikes up an unusual friendship with a 68-year-old filmmaker (John Malkovich) whose past includes unsavory accusations. It’s a controversial premise for C.K., who has dealt with unsavory accusations of his own of late, not that buyers were bothered.
The cast also includes Charlie Day, Edie Falco, Rose Byrne, Pamela Adlon, Ebonee Noel and Oscar winner Helen Hunt.
In other TIFF sales news, A24 (which has four films at the festival) teamed with DirecTV to acquire North American rights to the Australian crime thriller 1%, which will be released in select theaters and on DirecTV next year.
Written by Matt Nable, who also co-stars, the film is set in the dangerous world of outlaw motorcycle gangs and centers on two men who jostle for power. 1% marks the feature directorial debut of Stephen McCallum, and it was produced by See Pictures’ James Hilton and Michael Pontin.
Executive producers include Josh Pomeranz, Viv Scanu, Stephen Boyle, Phil Hunt and Compton Ross, while UTA Independent Film Group negotiated the deal on behalf of the filmmakers. The Hollywood Reporter broke the news of both deals.
Jeff Sneider | Editor in Chief