Back in 2014 Dimension Films acquired 47 Meters Down, which stars Mandy Moore and Claire Holt as a pair of cage-diving sisters whose boat breaks away from them, leaving them in an observation cage trapped at the bottom of the ocean, surrounded by hungry Great Whites.

Dimension Films then announced a home video release (Aug. 2), while also renaming it to In the Deep, bizarrely the original title to this summer’s other shark survival film, The Shallows.

Just a week before its release the Freestyle Media acquired the film with plans to release in 2,500 theaters sometime in 2017.

Physical copies did leak into the market place (you can find them on Amazon by second hand sellers) as copies were sent to retailers and press (here’s my review of the film).

THR reported that Entertainment Studios bought the finished film for seven figures from Dimension, adding that the move comes as the financially strapped Weinstein brothers have begun to sell off some of their films.

47 Meters Down is a new shark thriller directed by Johannes Roberts (The Other Side of The Door), and stars Mandy Moore (“This Is Us,” A Walk To Remember), Claire Holt (“The Vampire Diaries,” “The Originals”), Yani Gellman (“Pretty Little Liars,” “The Young And The Restless”), and Matthew Modine (Full Metal Jacket, The Dark Knight Rises).

“ ‘In The Deep’ dives into a world of two sisters (Mandy Moore and Claire Holt) who become trapped at the bottom of the ocean when a diving expedition to observe sharks goes horribly wrong. When the cable attaching the observation cage to the boat breaks and the cage sinks to the bottom of the ocean, the sisters must figure out a way to get back to safety battling injuries, lack of oxygen, and, worst of all, blood thirsty, great white sharks.”

A quasi-trailer was just posted that shows how the two girls end up at the bottom of the ocean with a revealing shark attack at the end. It’s more of a clips package than an actual trailer, so maybe it’s fan-made?