Particle.news
Download on the App Store

Sony Pictures Classics Acquires Andy Garcia’s Cannes Noir 'Diamond'

The purchase points to a specialty theatrical and awards strategy with France, Germany, Italy and the CIS set for separate regional deals.

Overview

  • A deal announced Thursday gives Sony Pictures Classics majority worldwide rights to Diamond after its Cannes premiere, with CAA Media Finance and The Veterans handling negotiations for the filmmakers.
  • Diamond premiered at the Cannes Film Festival in May and earned a prolonged standing ovation along with broadly positive early reviews on aggregation sites.
  • Andy Garcia wrote, directed, produced, stars in the film and co-wrote the original score with Arturo Sandoval, describing the project as a story he developed for roughly 20 years.
  • The film features a high-profile ensemble that includes Vicky Krieps, Brendan Fraser, Bill Murray and Dustin Hoffman and was produced and financed by a consortium led by CineSon, Black Cap Pictures and Nexis Entertainment.
  • Sony’s acquisition positions Diamond for an art-house release and awards-season push while separate sales are expected in the excluded territories, which could shape distinct regional release plans.