IFC Purchases THE LEDGE at Sundance
There’s been lots of dealmaking happening at Sundance. Some of it starting on Sunday and continuing through the night into Monday with IFC Films’ purchase of THE LEDGE, according to The Hollywood Reporter.
The drama, written and directed by Matthew Chapman is about a young man who threatens to jump off a high-rise office building. IFC reportedly paid just over $1 million for the film, which will get theatrical as well as VOD (Video On Demand) releases in the late Spring.
The deal finally closed around 3 am with the company grabbing domestic rights to the character study. The film premiered at Sundance on Friday afternoon and is screening in the festival’s U. S. dramatic competition. So far, the film has received mixed reviews, but that didn’t seem to slow down the bidding as there were reportedly at least three other bidders in the hunt for it. Some are saying that the film’s erotic quotient was an element in closing the deal and could actually end up helping to sell the film to audiences.
The Ledge stars Charlie Hunnam as Gavin, the would-be jumper, and Terrence Howard as Hollis, a detective who joins Gavin on the ledge to convince him not to jump. Throughout the course of the film both men reveal details of their past troubles and enduring difficulties, while in their precarious positions. The film also stars Liv Tyler as Shauna, a former drug addict wrapped up in a love triangle with the jumper – an atheist – and her fundamentalist husband, played by Patrick Wilson.
The sale of The Ledge was the first that closed Monday, after many had closed on Sunday: Paramount and Indian Paintbrush’s purchase of Like Crazy, Roadside Attractions and Lionsgate’s partnership in picking up Margin Call, Fox Searchlight’s purchase of Homework and The Weinstein Co. and Ron Burkle’s purchase of My Idiot Brother.
IFC recently released the 2010 Sundance doc Joan Rivers: A Piece of Work, Tiny Furniture and Carlos.
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