Toronto 2011: CBS Films to Buy 'Salmon Fishing' for Roughly $5 Mil

TORONTO-CBS Films has emerged the favorite bidder for U.S. distribution rights toLasse Halström'sEwan McGregor-Emily BluntcomedySalmon Fishing in the Yemenin the first major dealmaking to come of the Toronto Film Festival.our editor recommendsToronto 2011 Critic's Preview: Why the Festival Matters Toronto 2011: Buyers Cast Their Lines for 'Salmon Fishing in the Yemen'Related Topics•Toronto International Fil... While a number of major buyers circled the project after it premiered here Saturday night, the bidding came down to CBS Films and Summit, according to insiders. THR first reported that the two companies were aggressively pursuing rights to distributeSalmon Fishingdomestically. CBS Films will pay $4 million to $5 million for Salmon Fishing--produced by BBC Films, Kudos Pictures and Lionsgate UK--although the pricetag is expected to be on the higher end. The deal is expected to close later today. UTA is repping domestic rights, while Lionsgate International is handling foreign (Lionsgate UK will release the movie in the U.K.) Salmon Fishingis based on the best-selling British novel byPaul Torday, withSimon Beaufoypenning the adapated script (Slumdog Millionaire). Amr WakedandKristin Scott Thomasalso star inSalmon Fishing, which tell the tale of a stuffy British fisheries scientist who is asked by a fishing-obsessed Arab sheik to do the impossible-introduce British salmon to the wadis of Yemen. McGregor's character is slowly won over by the charismatic sheik, and begins falling for the sheik's legal representative (Blunt). Salmon Fishingpremiered at Toronto on Saturday night, and within an hour after it ended, was already drawing the inquiries of at least six domestic distributors. One hitch: Acquisition executives had to decide between going to see Halstrom's film or comedyThe Oranges, another title up for sale domestically. On Sunday morning, those executives who went to see the premiere ofThe OrangesSaturday night flocked to an 11 a.m. screening ofSalmon Fishing. Related Topics Toronto International Film Festival Emily Blunt Ewan McGregor

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