This means war for Magnolia

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Magnolia Pictures has picked up North American rights to "The Warlords," a big-budget historical actioner featuring Asian superstars Jet Li, Andy Lau and Takeshi Kaneshiro.

The deal was struck after protracted negotiations with Hong Kong studio Media Asia, which was one of the lead investors in the picture and handled sales duties in multiple territories.

The film, directed by Peter Chan Ho-sun, was released in China in 2007 and scored more than $28 million at the local boxoffice.

Magnolia is looking to give "Warlords" a platform release at year's end, though it might use an outing at a U.S. festival to build awareness. (partialdiff)
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