Sundance: Magnolia Will Distribute Film Set in Silver Lake Hills

We'd been keeping our eye on the Sundance film festival this week, knowing that at least two films with Silver Lake overtones were screening.

Now, one of them, the Ry Russo-Young-directed Nobody Walks, reportedly now has a distribution deal with Magnolia Pictures.

It apparently includes a theatrical release.

Nobody Walks is set high in the Silver Lake hills.  It's a kind of Down and Out in Beverly Hills, though the bum this time is a young New Yorker who's arrived in L.A. to work on a film.

She takes up residence in the pool house of a sound designer and his family, shaking things up.

John Krasinski and Rosemarie DeWitt are the couple. Olivia Thirlby is the muse.

According to The Hollywood Reporter, the package is a " mid-to-high" six figure deal against significant gross incentives" for North American distribution rights."

And Variety says the film already has several foreign distribution deals that push overall revenues into the seven-figure range.

Ry Russo-Young wrote the film with Lena Dunham, who has her own directing credit for Tiny Furniture.

See an interview with Russo-Young about Nobody Walks here.

We've reached out to Russo-Young and Dunham for their reactions to the deal and what it might mean for Silver Lake.

Go Silver Lake.