Lindsay Lohan's newest starring vehicle "The Canyons" finally found a home for release after rumored being rejected by South by Southwest Film Festival due to quality issues. It was IFC Films which acquired the North American rights to the Paul Schrader-directed movie.
The low-budgeted thriller featuring LiLo starring opposite adult film star James Deen will get a simultaneous theatrical and digital release. In anticipation of the release, it will be showcased in a special presentation at the Film Society of Lincoln Center later this summer.
"This film is a wild ride through the psyche of Bret Easton Ellis courtesy of Paul Schrader," said Jonathan Sehring, president of IFC Films. "Lindsay Lohan is terrific as Tara and James Deen will be a big surprise for people. We are thrilled that the filmmakers' adventure in filmmaking 2.0 has brought them to our door."
"I am delighted our film has found an enthusiastic home at IFC," director Paul Schrader added in a statement about the acquisition. "We envisioned 'The Canyons' as a multi-platform release from the beginning and no company knows that world better than IFC."
"The DIY ethos behind the movie dovetails perfectly with IFC's commitment to release the film this summer," screenwriter Ellis additionally said. "Finally the movie will be able to be seen and viewers can judge for themselves rather than relying on the undeservedly snarky press 'The Canyons' has received so far."
"This distribution model is the future for a certain kind of adult drama that is now officially non-existent within the old-school studio system. 'The Canyons,' regardless of what you think of it, is an example of the next step in what will now be the future of post-theatrical feature-length content."
Producer Braxton Pope previously addressed the SXSW rumor to MTV News, "The content of the film is incompatible with provincial film sensibilities. When the film is released, audiences will decide whether it is successful or not."