A24 Lands Eight-Figure Sundance Deal for Olivia Wilde’s The Invite

After an all-night Sundance bidding war, Olivia Wilde’s relationship comedy The Invite was acquired by A24 in an eight-figure deal—the festival’s biggest sale so far—with bidders including Neon, Focus, Netflix, and Warner Bros.’ indie label in the mix; the film is a remake of the Spanish-language Sentimental and stars Wilde alongside Seth Rogen, Ed Norton, and Penelope Cruz, with Megan Ellison/Annapurna producing. Wilde notes the project was made outside the studio system to maximize creative freedom.