The mystery behind the COLOSSAL buyer out of the Toronto International Film Festival has been solved. According to reports, Tom Quinn of Radius and Tim League, the owner of Alamo Drafthouse, have secured the distribution rights for the movie.
Yesterday, it was rumored that the film, instead, had been purchased by an unknown China-based company who would reveal itself in due time.
This is not the first time Quinn and League have gotten into the business of distribution. Last year, the landed the rights to Michael Moore’s documentary Where to Invade Next, also at TIFF. However, where that film didn’t do particularly well upon release, Quinn and League are reportedly planning a big push for Colossal, which is how they were able to beat out competitors A24. It also doesn’t hurt that Quinn has a relationship with Colossal’s executive producer Choi Pyung Ho, as Ho also produced Snowpiercer, which Radius was involved with.
The film, which is set for a 2017 release, stars Anne Hathaway as an alcoholic who learns she can control a monster in Seoul, South Korea, after she loses both her job and her boyfriend and moves back home.
Zev Foreman, Nahikari Ipiña, Russell Levine, Dominic Rustam, and Shawn Williamson all produced the film, which was written and directed by Nacho Vigalondo.
The film was reportedly sold for a mid-seven figure and the deal was negotiated by CAA.
Anya Crittenton | Associate Editor
This news was first reported by The Hollywood Reporter.