Sundance 2013: Magnolia Acquires 'Prince Avalanche'

9:41 AM PST 1/23/2013 by Daniel Miller, Tatiana Siegel

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The film premiered Jan. 20 at Library Center Theatre.

PARK CITY -- Magnolia Pictures has acquired North American rights to Prince Avalanche, starring Paul Rudd and Emile Hirsch.

Sundance 2013: Paul Rudd on 'Prince Avalanche' and the David Gordon Green Experience (Video)

Prince Avalanche: Sundance Review

The film from writer-director David Gordon Green (Pineapple Express, Your Highness) takes him back to his roots of character study along the lines of his Snow Angels, which played at Sundance in 2007. The film follows two highway road workers who spend the summer of 1988 together away from city life, creating an unlikely friendship between the two.

“All of us at Magnolia are huge fans of David Gordon Green, and it’s been a dream for a long time to work with him,” Magnolia president Eamonn Bowles said in a statement. “Prince Avalanche is an incredibly smart, funny, warm and engaging film with indelible, iconic performances from both Paul Rudd and Emile Hirsch.”

Prince Avalanche premiered Jan. 20 at Library Center Theatre as part of Sundance's Premieres category.

Producers are Lisa Muskat, Derrick Tseng, Craig Zobel, James Belfer and Green.

"Prince Avalanche was a strange joy to make, and the reaction by audiences has been beautiful,” Green said in a statement. “The pleasure continues as we join with Magnolia to distribute the movie. I couldn't be more proud."

Dreambridge Films was the lead financier on Prince Avalanche, and the company's Todd Labarowski and Brad and Melissa Coolidge executive produced the film. Also executive producing were Matthew Reilly, Leo Joesph, Todd Labrowski, David Ólafsson, Arni Filippusson, Danny McBride, Jody Hill, Tobias Munthe and Theo Youngstein.