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Magnolia snags 'Signal' in wee hours


January 24, 2007 The buying frenzy of the Sundance Film Festival continued into the wee hours of the night when Magnolia Pictures entered final negotiations for North American, U.K. and Australian rights to the horror film "The Signal" after the film's midnight screening. From writers/directors David Bruckner, Jacob Gentry and Dan Bush, "The Signal" centers on a mysterious transmission which invades every cell phone, radio and TV in the city, turning its inhabitants into killers. The Mark Cuban-owned studio landed the first sale of the confab with the documentary "Crazy Love" picked up late Saturday.

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