Magnolia Pictures – the film distribution arm of the Wagner/Cuban Companies, a group of media properties co-owned by Todd Wagner and Dallas Maverick’s Owner Mark Cuban and which includes the Landmark Theaters chain, and the high definition cable network HDNet – has gained rights to Sarah Polley’s movie Take This Waltz.

Take This Waltz has a racy theme: it’s about a young woman struggling to choose between a husband that she loves and another man that she has fallen passionately in love with. Magnolia struck the rights deal with TF1 International.

Here’s the synopsis of Take This Waltz:

Michelle Williams plays twenty-eight-year-old Margot, happily married to Lou (Seth Rogen), a good-natured cookbook author. But when Margot meets Daniel (Luke Kirby), a handsome artist that lives across the street, their mutual attraction is undeniable. Warmly human, funny and bittersweet,
Take This Waltz deftly avoids romantic clichés and paints an unusually true and unsentimental portrait of adult relationships.

Magnolia Pictures plans to his the film festival circuit, then go on what’s called a “robust theatrical release” in early Summer 2012, which would position it just after all The Avengers fuss dies down

Video On Demand Too

Take This Waltz will also be yet another in a growing list of movies to be distributed via video-on-demand (VOD).

“With Take This Waltz, Sarah Polley has more than lived up to the promise of the wonderful Away From Her, and proven herself a masterful, sensitive chronicler of the human condition,” said Magnolia President Eamonn Bowles. “The entire cast is revelatory in unexpected ways and we think audiences will be surprised and delighted by this very special film.”

And Sarah Polley said “Magnolia has distributed some of my favorite films of the last few years. It is an honor to have our film counted among their incredible list of titles. Their enthusiasm for the film is very exciting and we can’t wait to begin working with them.”

The deal was negotiated for Magnolia by SVP of Acquisitions Dori Begley and Head of Legal and Business Affairs Chris Matson, with Gregory Chambet of TF1 International.

Stay tuned.

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