Magnolia takes 'Angels Crest'

Magnolia Pictures has snagged U.S. rights to "Angels Crest," the pic from helmer Gaby Dellal that preemed earlier this year at the Tribeca Film Festival. Movie features Jeremy Piven, Kate Walsh, Thomas Dekker, Mira Sorvino, Lynn Collins and Elizabeth McGovern in a story about a small town grappling with the disappearance of a child during the first snow of winter. Scribe Catherine Trieschmann's screenplay was adapted from Leslie Schwartz's novel of the same name. Shirley Vercruysse and Leslie Cowan produce, with Tim Perell and William Mulroy on board as exec producers. Distribution deal was pacted by Magnolia's Dori Begley and Chris Matson with Cinetic Media. "Angels Crest" joins an upcoming Magnolia slate that includes "Melancholia," "I Melt With You" and Tribeca alums "Jiro Dreams of Sushi" and "The Good Doctor," among others. Contact Gordon Cox at gordon.cox@variety.com