Magnolia Takes U.S. Rights to 'The Double' Starring Jesse Eisenberg

Richard Ayoade's film premiered at the Toronto Film Festival.

Magnolia Pictures has picked up U.S. rights to The Double, Richard Ayoade's film starring Jesse Eisenberg and Mia Wasikowska.

Ayoade, an English comedian-actor who made his directorial debut with 2010's Submarine, co-wrote and directed The Double, which is loosely based on the novella by Fyodor Dostoyevsky. An Alcove Entertainment production, the film premiered at the Toronto Film Festival in September.

Magnolia is planning a 2014 theatrical release following a domestic festival run.

VIDEO: Toronto: Jesse Eisenberg, Meet Jesse Eisenberg in 'The Double' Trailer

Co-written by Avi Korine, the story follows a man named Simon (Eisenberg) who is overlooked at work, criticized by his mother and ignored by his dream woman (Wasikowska). When a new co-worker arrives (also played by Eisenberg), Simon's world is changed by the doppelganger who is everything that Simon is not.

The supporting cast includes Wallace Shawn, Yasmin Paige, Noah Taylor, James Fox, Cathy Moriarty, Chris O'Dowd, Sally Hawkins, Craig Roberts and Paddy Considine.

The film was produced by Amina Dasmal and Robin Fox, and executive produced by Michael Caine, Graeme Cox, Tessa Ross and Nigel Williams.

In THR's Toronto review, John DeFore wrote of the film: "A big shift from his coming-of-age debut film, Submarine, the heavily stylized film further demonstrates the actor's ability to create self-contained worlds behind the camera."

The deal was negotiated by Magnolia director of acquisitions John Von Thaden with WME Global and Protagonist Pictures on behalf of the filmmakers.