By Indiewire | Indiewire June 7, 2005 at 2:0AM
Magnolia Takes Rights to Kurosawa's "Pulse" from Dimension/Miramax
by Brian Brooks
Magnolia Pictures has acquired rights to Kiyoshi Kurosawa's J-horror film, "Pulse," the company announced Monday. In addition to all English-language territories, Magnolia also has rights to as Mexico, Germany, Italy, Poland, and Spain. The film was acquired from Dimension and Miramax which originally acquired it (along with remake rights) when it premiered in Un Certain Regard at the 2001 Cannes Film Festival. Magnolia plans a mid-August release.
"Pulse" has been rarely seen in many areas outside of Japan since 2001, but is currently traveling the festival circuit in the U.S. ahead of its theatrical release later this summer. According to Magnolia, "'Pulse' tells the story of a group of friends rocked by the sudden suicide of a member of their group and his subsequent, ghostly reappearance in grainy computer and video images. Soon after, others start disappearing, stricken by a technological virus that seems to have begun with his death." The film will be released in the UK by Optimum Releasing, and in Australia and New Zealand by Madman Entertainment.
"We're truly excited to get the chance to release 'Pulse.' This film scared me as much as anything I've seen in a theater, patrons excepted," said Eamonn Bowles, president of Magnolia Pictures in a statement. "I'm very excited that American audiences will finally have the chance to see my portrait of Japanese youth living under a certain kind of restlessness in 21st Century Tokyo," said Kurosawa in a release. Kurosawa is the director of nearly twenty films including "Cure," "Charisma," and "Bright Future." This is his third film to see U.S. theatrical release. The Weinsteins, meanwhile, have recently started production on the Wes Craven scripted remake of "Pulse" starring pop songstress-actress Christina Milian and Kristen Bell.
Magnolia is currently releasing two documentaries, including Christopher Browne's "A League of Ordinary Gentlemen" and Alex Gibney's "Enron: The Smartest Guys in the Room." Magnolia Pictures is a wholly owned subsidiary of Todd Wagner and Mark Cuban's 2929 Entertainment which also owns HDNet Films, Rysher Entertainment, and Landmark Theatres.