Magnolia grabs rights to 'Timecrimes'

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NEW YORK -- Magnolia Pictures has taken a bite into Nacho Vigalondo's "Timecrimes (Los Cronocrimenes)," nabbing worldwide rights (except Spain) to the comic sci-fi feature.

Writer-director Vigalondo's feature debut follows a man who travels back in time and meets himself, setting off a series of disasters. The Spanish feature won the best feature and audience award at Austin's Fantastic Fest this year. The film will hit theaters in 2008.

Vigalondo's 2003 short "7:35 in the Morning" earned an Oscar nomination for best live action short. Magnolia said English-language remake rights to "Timecrimes" are now in play. HDNet Films head of international sales Laird Adamson will rep the film at the upcoming American Film Market.

The deal was negotiated by Magnolia's Tom Quinn, Dori Begley Jason Janego with producer Eduardo Carneros of KV Entertainment.
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