Magnolia has acquired Thai cowboy pic "Tears of the Black Tiger" from Miramax and will open the film in January, nearly six years after it was first acquired at Cannes.
Movie, shot in bright colors and with stylized action scenes, follows a forbidden love story set in Thailand in the 1950s, with many conventions of the Western both depicted and sent up.
Pic has taken a circuitous route since it screened on the Croisette in 2001. Miramax, then run by the Weinsteins, bought the pic at the fest, in what was a post-"Crouching Tiger" frenzy for foreign-language martial-arts pics.
"Tears" subsequently played a number of stops on the fest circuit, including Sundance and Edinburgh.
But the movie sat unreleased in the Miramax vaults. And while Disney did release a number of titles acquired by the Weinsteins after its pact with the brothers dissolved, "Tiger" was not on that list.
A Magnolia spokesman said the momentum came after the distrib's acquisition of "Pulse," a Japanese horror pic it also picked up from Miramax; it also touted "Tiger" as a "retro oddball that will be like nothing else in theaters."
Magnolia will open "Tears of the Black Tiger" at Gotham's Film Forum in January, following with a release to theaters nationally, including many Landmark outlets. Company also will release it on homevid via Magnolia Home Entertainment.