Magnet Releasing Scores ‘Let the Right One In’!

Amazing, amazing news this morning as we just got word that Magnet Releasing (Magnolia) has acquired North American rights to the incredible vampire film from Sweden, Let the Right One In (review), which tells the story of a lonely twelve year-old boy and his friendship with a young girl, who appears to be a vampire. Read on for the entire announcement, which also tips us off that they have also acquired Dainipponjin (review)!
We’ve learned this afternoon that Bavaria Film International has sold all rights to its European Film Market hit “Let The Right One In” to Magnet, Magnolia Pictures new genre arm, for North America. Right on the heels of its first market screening negotiations got under way over Thomas Alfredson’s romantic horror film and two times Gothenburg award winner with Magnolia finishing the race.

“Let The Right One In”, based on a best-selling novel by Swedish author John Ajvide Lindqvist, tells the story of a lonely twelve year-old boy and his friendship with a young girl, who appears to be a vampire.

This modern-day vampire romance proves to have the right amount of poetic art house feel injected into the horror genre and therefore appeals to a wide audience“, says Stefanie Zeitler, Head of Sales with Bavaria Film International. “The cross-over potential is immense and I am very glad that Magnolia sees it the same way. They are the perfect partner as they have proven the right touch for films like this and we look forward to this cooperation“.

A stand out film in any market or festival, `Let The Right One In’ is a master work of horror,” says Tom Quinn, Senior Vice President at Magnolia. “What Bong Joon Ho’s `The Host’ did for monsters, Tomas Alfredson’s `Let The Right One In’ will do for vampires.

“Let The Right One In” is produced by Carl Molinder and John Nordling at EFTI in association with Sandrew Metronome, Filmpool Nord, Sveriges Television, and WAG.

Aside from this deal, further sales to Germany, UK, Spain, South Korea and Latin America are imminent and soon to be announced. Strong interest is also coming from Japan, France, Italy and Australia.

“Let The Right One In” joins Magnet’s already robust slate of films, which includes the exquisite corpse-style thriller “The Signal”; the sexually charged horror film “Donkey Punch”; the anticipated documentary “Cocaine Cowboys 2: Hustlin’ With The Godmother”; Toronto Midnight Madness selection “Big Man Japan (Dainipponjin)” by Hitoshi Matsumoto; Chilean action epics “Kiltro” and “Mirageman” starring Marko “the Latin Dragon” Zaror; the atmospheric French sci-fi/horror film “Eden Log”; Tony Stone’s heavy metal Viking epic, “Severed Ways”; action omnibus “Triangle” from Hong Kong greats Ringo Lam, Johnnie To, and Tsui Hark; Jeremy Saulnier’s darkly comic, hipster slasher flick “Murder Party”; Olivier Assayas’s Cannes-selected thriller “Boarding Gate” starring Asia Argento and Michael Madsen; and Mark Hartley’s expose on classic Australian genre filmmaking “Not Quite Hollywood”.

Magnet is the recently launched genre arm of Magnolia Pictures (www.magpictures.com) specializing in films from the vanguard of horror, action, comedy and Asian cinema. Magnolia Pictures is an operating business of the Wagner/Cuban Companies, a vertically integrated group of media properties co-owned by Todd Wagner and Mark Cuban that includes 2929 Productions, HDNet Films, Magnolia Pictures, Landmark Theatres and television stations HDNet and HDNet Movies.