PARK CITY, Utah (Hollywood Reporter) - As the Sundance Film
Festival wound to a close, First Look Pictures was on the verge
of buying North American rights to "King of California" for
slightly less than $3 million, sources said Thursday.
The dark comedy stars Michael Douglas as a father who
returns home after being released from a mental institution,
much to the chagrin of his beleaguered 16-year-old daughter
(Evan Rachel Wood). She reluctantly embarks on one of her
father's long string of crazy schemes: a plan to unearth gold
buried by Spanish missionaries in California.
It marks the debut effort of writer-director Mike Cahill.
A First Look representative confirmed that the studio was
in negotiations for rights to the project. The sale would be
First Look's biggest acquisition to date. It comes a year after
the company's first Sundance acquisition, Dito Montiel's "A
Guide to Recognizing Your Saints."