By Ray Pride Pride@moviecitynews.com

A24 Acquires Sundance breakout THE SPECTACULAR NOW

Park City, UT (January 21, 2013) - A24 announced the acquisition of North American rights to Sundance favorite THE SPECTACULAR NOW.  The James Ponsoldt directed film, from a script by Scott Neustadter and Michael Weber, has become one of the darlings of the Sundance Film Festival and features breakout performances by Miles Teller and Shailene Woodley. Film also features wonderful turns by Brie Larson, Jennifer Jason Leigh, Mary Elizabeth Winstead, Kyle Chandler and Andre Royo. Film premiered on Friday night at Sundance in US Dramatic Competition. A24 will release the film this summer.

“We fell in love with this film the minute that we watched it and we know the rest of the country will embrace this timeless love story. James has directed a wonderful film that depicts young love with complete authenticity and has two young stars giving incredible performances with Miles Teller and Shailene Woodley.” says A24.

Producer Andrew Lauren says, “I am so thrilled that the film has found a home with a company that has such passion for it.  It’s been an amazing Sundance and we are so gratified by the incredibly warm response here.”

THE SPECTACULAR NOW was produced by Tom McNulty, Shawn Levy, Andrew Lauren, and Michelle Krumm.

The deal was negotiated with A24 by UTA Independent Film Group on behalf of the filmmakers. James Ponsoldt is also represented by UTA.

FILM SYNOPSIS:

This adaptation of Tim Tharp’s novel The Spectacular Now captures the insecurity and confusion of adolescence without looking for tidy truths. Young actors rarely portray teens with the maturity that Teller and Woodley display, and they are phenomenal together.  THE SPECTACULAR NOW is a funny, compassionate and poignant love story written by (500) DAYS OF SUMMER scribes Scott Neustadter and Michael H. Weber, directed by James Ponsoldt (SMASHED) and produced by Tom McNulty, Shawn Levy, Andrew Lauren and Michelle Krumm.

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ABOUT A24

Launched in the summer of 2012 is a New York-based media company focused on the distribution, financing and production of feature films. The company will distribute, in all media, eight to ten films per year; its initial titles include Roman Coppola’s star-studded comedy A GLIMPSE INSIDE THE MIND OF CHARLES SWAN III, starring Charlie Sheen, Bill Murray and Jason Schwartzman, and Sally Potter’s critically acclaimed GINGER & ROSA starring Elle Fanning, Annette Bening, Alessandro Nivola and Christina Hendricks. The film is also releasing Harmony Korine’s highly-buzzed about SPRING BREAKERS starring Selena Gomez, Vanessa Hudgens, Ashley Benson, Rachel Korine, and James Franco. They also just announced the pick-up of Sofia Coppola’s latest THE BLING RING.

Facebook.com/A24Films

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The Hobbit: Battle of the Five Armies

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“Any time a movie causes a country to threaten nuclear retaliation, the higher-ups wanna get in a room with you… In terms of getting the word out about the movie, it’s not bad. If they actually make good on it, it would be bad for the world—but luckily that doesn’t seem like their style… We’ll make a movie that maybe for two seconds will make some 18-year-old think about North Korea in a way he never would have otherwise. Or who knows? We were told one of the reasons they’re so against the movie is that they’re afraid it’ll actually get into North Korea. They do have bootlegs and stuff. Maybe the tapes will make their way to North Korea and cause a fucking revolution. At best, it will cause a country to be free, and at worst, it will cause a nuclear war. Big margin with this movie.”
~ Seth Rogen In Rolling Stone 1224

“Yes, good movies sprout up, inevitably, in the cracks and seams between the tectonic plates on which all of these franchises stay balanced, and we are reassured of their hardiness. But we don’t see what we don’t see; we don’t see the effort, or the cost of the effort, or the movies of which we’re deprived because of the cost of the effort. Paul Thomas Anderson’s Inherent Vice may have come from a studio, but it still required a substantial chunk of outside financing, and at $35 million, it’s not even that expensive. No studio could find the $8.5 million it cost Dan Gilroy to make Nightcrawler. Birdman cost a mere $18 million and still had to scrape that together at the last minute. Imagine American movie culture for the last few years without Her or Foxcatcher or American Hustle or The Master or Zero Dark Thirty and it suddenly looks markedly more frail—and those movies exist only because of the fairy godmothership of independent producer Megan Ellison. The grace of billionaires is not a great business model on which to hang the hopes of an art form.”
~ Mark Harris On The State Of The Movies