Truly Indie, Magnolia partner for 'Graduation'


NEW YORK -- Wagner/Cuban Companies' Truly Indie and Magnolia Pictures are partnering on the theatrical and DVD release of Mike Mayer's teen-heist film "Graduation" starring Chris Marquette, Adam Arkin and Huey Lewis.

Truly Indie will partner with Redwood Palms Pictures to produce the comedic thriller about a group of high school buds who plan a bank robbery to help a friend in need. Magnolia acquired DVD rights, and will release the film after it opens May 2 in Austin, Seattle, San Francisco, Berkeley and Minneapolis.