Fox Searchlight buys Aronofsky’s “The Wrestler” for $5 million in Toronto

Mickey Rourke stars in Aronofsky’s “The Wrestler”
After a very poorly recieved outing with his previous film “The Fountain” which was co-financed and distributed by Warner Bros. and New Regency, director Darren Aronofsky re-booted his film-making formula and garnered a bidding war for his latest film “The Wrestler” at the Toronto Film Festival.
Winning the bidding war was Fox Searchlight, Rupert Murdoch’s specialty division that paid a reported $4 to $5 million for the film rights for the United States alone.
“The Wrestler” won the Golden Lion at last week’s Venice Film Festival.
Cited for a riveting performance from Mickey Rourke as an over-the-hill wrestler, the film was ultimately too much for other bidders Lionsgate and Sony.
The film will be released later in this year in time for Academy qualification and will join Danny Boyle’s “Slumdog Millionaire” as two of Searchlight’s big Academy contenders in the 4th quarter.
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