Relativity Media is in final negotiations to partner with Jason Blum‘s Blumhouse Productions to acquire Mike Flanagan‘s horror film “Oculus” at the Toronto International Film Festival, multiple individuals familiar with the dealmaking process have told TheWrap.
Relativity is planning a wide release, though further distribution details including a release date will be announced later.
Flanagan (“Absentia”) directed from a screenplay he wrote with Jeff Howard, which is based on the short screenplay by Flanagan and Jeff Seidman.
Story follows a brother and sister who team up to defeat an evil force that killed their parents and change the course of their lives.
Focus Features International is handling foreign sales for the project, which Relativity’s
Robbie Brenner will oversee for the studio.
Relativity’s prior festival acquisitions include Joseph Gordon-Levitt‘s upcoming directorial debut “Don Jon” and the documentary “Catfish.”