THR has reported that Magnolia Pictures has picked up the rights to the "found footage within found footage" V/H/S for a little over $1 million smackers.
V/H/S will be given a pre-theatrical video-on-demand release as part of Magnolia's Ultra VOD program and it will also receive a significant release in theaters after the 30-day VOD window. Magnet Releasing, Magnolia's genre arm, will distribute the film.
The horror anthology was helmed by six directors, yes six: Adam Wingard, Glenn McQuaid, Radio Silence, David Bruckner, Joe Swanberg and Ti West all went behind the camera for this one.
Roxanne Benjamin, Gary Binkow and Brad Miska produced the project, which was written by McQuaid, Bruckner, West, Simon Barrett, Matt Bettinelli-Olpin, Tyler Gillett, Justin Martinez, Chad Villella and Nicholas Tecosky.
I've heard nothing but good things about this movie and can't wait to get my paws on it!
Source: The Hollywood Reporter
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