By Peter Knegt | Indiewire November 5, 2009 at 7:02AM
Another day, another late Toronto Film Festival pick-up. Magnolia Pictures has announced that it acquired US rights to Dagur Kari’s "The Good Heart," which stars an "L.I.E." reunion in Brian Cox and Paul Dano. Cox as Jacques, the curmudgeonly owner of a gritty New York dive bar that serves as home to a motley assortment of professional drinkers. Jacques is determinedly drinking and smoking himself to death when he meets Lucas (Dano), a homeless young man who Jacques decides will be a fitting heir to the bar after his own inevitable passing. It's Kari's third feature, after "Nói" and "Dark Horse," and Magnolia will release it as part of its Ultra VOD program next year, premiering on VOD platforms nationwide a month prior to its theatrical release.
“We’re delighted to be working with Dagur, who has crafted a beautiful tribute to a New York institution—the dive bar,” said Magnolia president Eamonn Bowles in a statement. “Brian Cox is one of the best actors working today, and gives a dynamite performance that we’re excited to share with American audiences.”
“Magnolia is a company that I really admire, and I am thrilled about the fact that they are releasing 'The Good Heart' in the US," Kari said in a statement. "I look forward to working with them.”
The deal was negotiated by Magnolia’s Senior Vice President Tom Quinn, Vice President of Acquisitions Dori Begley, and Head of Business Affairs Chris Matson, with Victoria Cook of Cinetic. Wild Bunch, a financier of the film, is selling the picture internationally.
It follows two other Toronto title pick-ups from earlier this week: Sony Classics and "Mother and Child," and Roadside Attractions and "The Joneses."