Joe Swanberg’s relationship film was one of the highlights of SXSW.

Magnolia Pictures picked up North American rights following deal between svp of acquisitions Dori Begley and director of acquisitions Peter van Steemberg with CAA on behalf of the film-makers.

Olivia Wilde, Jake Johnson, Anna Kendrick and Ron Livingston star in the story about friends at a brewery who share strong feelings for one another.

Dark Arts’ Alicia Van Couvering and Andrea Roa produced alongside Burn Later’s Paul M Bernon and Sam Slater and Swanberg.

The executive producer roster includes Mike Witherill, Ashley Bernon, Jessica Klapman, David Kaplan, Anish Savjani and Wilde. 

Magnolia Pictures plans a theatrical release for Drinking Buddies later this year.

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