Magnolia Pictures has acquired Serena, the long-in-the-works Jennifer Lawrence and Bradley Cooper film, EW has confirmed. According to The Hollywood Reporter, the studio is not looking to release it in the U.S. during Oscar season, instead gearing it up for an early 2015 release.
The fate of Serena, directed by Oscar-winner Susanne Bier, has been a mystery for some time, given that the movie was filmed back in 2012 before either of Lawrence and Cooper’s other collaborations, Silver Linings Playbook and American Hustle, were released. THR’s new story indicates that the film’s quality may be questionable; Magnolia became a “default distributor,” the publication reported, given that no other distributors had picked up the film. Magnolia’s sister company 2929 Productions financed the film. Three different cuts of the movie were screened, and buyers told THR it was “so edited, it made no sense” and “uneven, particularly Lawrence’s [descent into madness].”
Some audiences will get to see the film about a husband and wife running a Depression-era timber empire soon, however, as the movie will be screened at the BFI London Film Festival and released in the U.K. in October. A trailer emerged last week.
Update: Magnolia will release the film on VOD in February and in theaters in March.