Magnolia Acquires ‘Timecrimes’

Holy crap! Fantastic Fest has just had its first, full-fledged discovery-turned-acquisition. Magnolia Pictures has announced their purchase for worldwide (except Spain) rights for Nacho Vigalondo’s Timecrimes. The film was a smash hit during its premiere at Fantastic Fest last month, and Magnolia has plans to release the film sometime next year. indieWIRE has the scoop.