Sundance 2012: V/H/S Acquired by Magnolia Pictures

Despite reports of the film causing moviegoers to pass out – or perhaps because of them – Magnolia Pictures has acquired North American rights to the Bloody Disgusting Selects Sundance Midnight entry V/H/S for low seven figures. Plans are for a theatrical release in the fall and then VOD.

V/H/S / U.S.A. (Directors: Adam Wingard, David Bruckner, Ti West, Glenn McQuaid, Joe Swanberg, Radio Silence, Screenwriters: Simon Barrett, David Bruckner, Ti West, Glenn McQuaid, Radio Silence) — When a group of misfits is hired by an unknown third party to burglarize a desolate house and acquire a rare VHS tape, they discover more found footage than they bargained for. Cast: Joe Swanberg, Calvin Reeder, Adam Wingard, Sophia Takal, Kate Lyn Sheil.