Here’s to Magnolia Pictures, Who Just Picked Up SXSW Favorite ‘Drinking Buddies’

By  · Published on March 19th, 2013

The positive buzz surrounding Joe Swanberg’s SXSW Film Festival premiere, Drinking Buddies, was heady enough to carry over throughout the 89-day (almost) festival, so it was quite surprising that the filmmaker’s latest had not found a home by the time the fest ended this past weekend. No matter, however, as the Olivia Wilde– and Jake Johnson-starrer has lined up a big deal that will put the favorite into theaters nationwide by the year’s end, as Magnola Pictures has just picked up North American rights to the comedy.

The film “follows the lives of Kate (Wilde) and Luke (Johnson) who work together at a craft brewery. They have one of those friendships that feels like it could be something more. But Kate is with Chris (Ron Livingston), and Luke is with Jill (Anna Kendrick). And Jill wants to know if Luke is ready to talk about marriage. The answer to that question becomes crystal clear when Luke and Kate unexpectedly find themselves alone for a weekend.” Uh oh.

In his SXSW review of the film, our own Rob Hunter wrote that the film “keeps [Swanberg’s trademark] improv method, but [that] it still manages to tell a cohesive and truly affecting story. A big reason for that is a cast of extremely talented actors with wicked good comedic timing in the lead roles. The four performers, along with a more assured Swanberg directing and editing, have crafted a story about heartbreak, temptation and friendship.”

Magnolia plans to release the film theatrically later this year, so ready your flasks now. [Press Release]