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» Saturday March 27, 2010 - 10:37 pm
Magnet Releasing Takes U.S. Rights To REC 2
The Wagner/Cuban Company's Magnet Releasing, genre arm of Magnolia Pictures announced today that it has acquired US rights to [REC] 2, the anticipated sequel to the terrifying cult favorite, [REC]. Directors Jaume Balaguero and Paco Plaza return for [REC] 2, maintaining the same claustrophobic concept or the original while finding new means of delivering scares to the audience. [REC] told the story of a quarantined apartment building infected with a ferocious virus that spread a terrifying form of demonic possession to the trapped inhabitants. [REC] 2 kicks off shortly after the events of the first film, when a medical officer and a SWAT team armed with video cameras are sent into the sealed off apartment building to try and neutralize the situation.
Magnet plans an early July theatrical release for the film, which will be released through Magnolia/Magnet's Ultra VOD program, debuting a month prior on VOD platforms nationwide.
"Without a doubt, [REC] 2 is the scariest film of the year," said Magnolia SVP Tom Quinn. "Nobody does horror as terrifying as directors Jaume Ballaguero and Paco Plaza. It's a great fit for Magnet"
Said directors Balaguero and Plaza, "[REC]2 comes courtesy of the audiences who infused life into its predecessor. Their enthusiasm and imagination. In some way they're the ones who created it. It's their fault."
Quinn negotiated the deal on behalf of Magnet Releasing.
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About Magnet Releasing
Magnet is the genre arm of Magnolia Pictures (www.magpictures.com), specializing in films from the vanguard of horror, action, comedy and Asian cinema, and is home to such critically acclaimed films as Tomas Alfredson's Let the Right One In, John Woo's historical epic, Red Cliff, Ty West's The House of the Devil, Nacho Vigalondo's time travel masterpiece Timecrimes, sci-fi epic Mutant Chronicles, The Warlords starring Jet Li, Tony Jaa's thrilling Ong Bak 2, Nicholas Winding Refn's Bronson and such upcoming titles as Gareth Edwards' Monsters, Neil Marshall's Centurion, George A. Romero's Survival of the Dead, and the thrilling action sequel District 13 – Ultimatum. Magnolia Pictures is the theatrical and home entertainment distribution arm of the Wagner/Cuban Companies, a vertically integrated group of media properties co-owned by Todd Wagner and Mark Cuban that also include the Landmark Theatres chain, the production company 2929 Productions, and high-definition cable network HDNet.
                    
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