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» Sunday November 07, 2010 - 09:16 pm
The Wagner/Cuban Company's Magnet Releasing, genre arm of Magnolia Pictures announced today that it has acquired US rights to Brad Anderson's VANISHING ON 7TH STREET. Starring Hayden Christensen, John Leguizamo, Thandie Newton and young R&B sensation Jacob Latimore, VANISHING ON 7TH STREET is a scary, character driven horror film that taps into one of humankind's most basic and universal anxieties: fear of the dark. The film, which premiered at this year's Toronto Film Festival, was produced by Norton Herrick, Tove Christensen and Mandalay Vision's Celine Rattray, and is yet another smart and unconventional genre entry from Anderson (Session 9, The Machinist, Transsiberian), one of the most talented independent filmmakers working today.
When a massive power outage plunges the city of Detroit into total darkness, a disparate group of individuals (Christensen, Leguizamo, Newton) find themselves alone. The entire city's population has vanished into thin air, leaving behind heaps of empty clothing, abandoned cars and lengthening shadows. Soon the daylight begins to disappear completely, and as the survivors gather in an abandoned tavern, they realize the darkness is out to get them, and only their rapidly diminishing light sources can keep them safe.
"VANISHING ON 7TH STREET is scary as hell, but it's the richness of its characters and the stellar performances that really make it stand out," said Magnet SVP Tom Quinn. "Brad Anderson has made an excellent, wholly original ghost film that is a perfect fit for the Magnet slate."
"We were captivated after reading the script, and are even more electrified by the finished film," said producer Norton Herrick. "Brad Anderson has done another masterful job. Vanishing is an intelligent thriller with terrifying overtones that will have people talking well after leaving the theater. Herrick Entertainment is pleased to be able to bring it to audiences through Magnolia's Magnet Releasing."
"VANISHING ON 7TH STREET is an apocalyptic thriller about the end of the world and it could not be placed in better hands than with Magnet Releasing, whose expertise in distributing genre films is par none," said director Brad Anderson. "I am excited to be working with them to bring the film to audiences across the country."
The US deal was negotiated by Magnet SVP Tom Quinn with Cinetic. Magnet will release the film theatrically in February, 2011.
About Magnet Releasing
Magnet is the genre arm of Magnolia Pictures, specializing in films from the vanguard of horror, action, comedy and Asian cinema, and is home to such films as Tomas Alfredson's Let the Right One In, Neil Marshall's sword and sandals bloodbath Centurion, John Woo's historical epic Red Cliff, Ti West's terrifying The House of the Devil, Tony Jaa's Ong Bak trilogy, Nicholas Winding Refn's Bronson, the Spanish horror film [Rec]2, and George A. Romero's Survival of the Dead. Coming soon is Gareth Edwards' highly anticipated sci-fi masterpiece Monsters, Takashi Miike's 13 Assassins, Alex de la Iglesia's The Last Circus, KIM Jeewoon's I Saw the Devil, André Ovredal's The Troll Hunter, and Quentin Dupieux's Rubber, featuring a killer tire on a murder spree. Magnolia Pictures is the theatrical and home entertainment distribution arm of the Wagner/Cuban Companies, a vertically integrated group of media properties co-owned by Todd Wagner and Mark Cuban that also include the Landmark Theatres chain, the production company 2929 Productions, and high-definition cable network HDNet.
About Norton Herrick
Norton Herrick is Chairman of The Herrick Company, Inc., with income property transactions, "Green" Power Plants and hospitals totaling over $4 billion. Its Herrick Entertainment division, a motion picture and theatrical production and financing company's current lineup including Vanishing on 7th Street, and My One and Only, the 2009 winner of the Women Film Critics Circle award for best film, a witty, coming of age dramatic-comedy starring Renee Zellweger and Kevin Bacon. Mr. Herrick has also produced several Tony award-winning Broadway shows, including Hair, Promises, Promises, Exit the King and also was a producer of 9 to 5, Desire Under the Elms, American Buffalo as well as the Las Vegas show, Hairspray at the Luxor Hotel, and the theater adaption of J.R.R. Tolkien's The Lord of the Rings trilogy performed in Toronto and London and as a producer and financier of the musicals, Bloody Bloody Andrew Jackson, Rebecca, and Spiderman Turn Off The Dark: The Musical opening November, 2010. Mr. Herrick is a longtime supporter of progressive and humanitarian causes. He has served on the Boards of People for the American Way and Make-A-Wish Foundation. Mr. Herrick is also the recipient, along with President Ronald Reagan and Isaac Stern, of the Jerusalem 3000 Award, presented by Prime Minister Shimon Peres and most recently the recipient, along with Michael J. Fox and Billy Cypress, of the President's Medal from the University of Miami presented by its President, Donna Shalala.
About Mandalay Vision
Mandalay Vision is the newly launched independent development, production and financing company backed by Mandalay Entertainment Group. Focusing primarily on innovative storytelling, Mandalay Vision's slate includes the breakout summer hit The Kids are All Right, directed by Lisa Cholodenko and starring Julianne Moore, Annette Bening and Mark Ruffalo; and The Whistleblower starring Rachel Weisz, David Strathairn and Vanessa Redgrave. This year, they have wrapped production on three films: Soul Surfer, based on the autobiography of teen surfer Bethany Hamilton starring Dennis Quaid, Helen Hunt and AnnaSophia Robb; Salvation Boulevard, from the book of the same name, starring Pierce Brosnan, Greg Kinnear, Jennifer Connelly, Ed Harris, and Marisa Tomei; and The Reasonable Bunch starring Ellen Barkin, Demi Moore and Kate Bosworth. Mandalay Vision is now in production on Bernie, directed by Richard Linklater and starring Jack Black, Shirley MacLaine and Matthew McConaughey.
                    
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