Cannes Film Festival 2013

Lionsgate unearths $3 million-plus for Ryan Reynolds' 'Buried'

Coffin-set thriller premiered on Saturday night at Sunday

<p> Ryan Reynolds of 'Buried'</p>

 Ryan Reynolds of 'Buried'

Credit: Sundance

The Sundance Midnight favorite "Buried" -- also know as the Ryan Reynolds in a Box movie -- has landed a distribution deal with Lionsgate.

According to The Los Angeles Times, Lionsgate ponied up $3.2 million for the North American rights to "Buried," closing the deal on Sunday (Jan. 24), just one night after the claustrophobic thriller's world premiere.

Lionsgate has had previous luck with Sundance titles including "Open Water," "Saw" and "Precious."

Directed by Rodrigo Cortes, "Buried" focuses on a civilian contractor (Reynolds) in Iraq who survives a roadside bombing and wakes up inside a coffin, buried under the ground. Using only a dying cell phone, the character has to try to raise a $5 million ransom or else figure out a way to escape.

"'Buried' is a powerful reminder that all you really need for an unforgettable movie experience is a great story, inventive filmmaking and brilliant acting," Jason Constantine, Lionsgate's president of acquisitions and co-productions, says in a statement.

Follow all of HitFix's Sundance Coverage.

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    D.Vader

    Would be great if we knew what the film's budget was.

    January 24, 2010 at 10:47PM EST Reply to Comment
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    w

    D.Vader the budget for 'Buried' was S3 million. So it sold for a little over it's entire production cost.

    January 24, 2010 at 11:22PM EST Reply to Comment

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