Mickey Liddell's LD Distribution has bought North American theatrical rights to Sundance Midnight Section entry “Black Rock.”
According to the film’s rep, Josh Braun of Submarine, he went with LD over a number of other interested companies that wanted to structure deals around VOD day-and-date theatrical or "ultra VOD," where the film would be available for two to four weeks on VOD before a theatrical run.
“LD seems like really good partners and they seem excited about doing it in a bigger way,” Braun says. “A lot of the deals being discussed are risk averse. [The film] didn’t want to be locked into a pure VOD model; in the end they think it could be a bigger film.”
The film, about a group of girls on a reunion trip to a remote island in Maine that goes horribly wrong, stars Kate Bosworth, Lake Bell and Katie Aselton, who is also the director. The film premiered in the Midnight section Saturday night.
While the theatrical deal contains no P&A commitment, LD has agreed to a 25-market commitment. By comparison, Braun's sale of "Buck" to Sundance Selects in 2011 contained a committment of about 50-60 markets.
This is the first acquisition by LD Distribution since new head David Dinerstein came on board.
While summer is being considered as a possible target, no release date has been confirmed.