TIFF: Focus Features Nabs Worldwide Rights to Alexander Payne’s ‘The Holdovers’ for $30 Million
Angelique Jackson The hottest sales title at the Toronto Film Festival is officially off the market, with Focus Features landing worldwide distribution rights to Alexander Payne’s “The Holdovers,” in a deal worth roughly $30 million. Paul Giamatti stars in the Christmas-themed film that reunites the actor and director for the first time since their Oscar-winning 2004 hit “Sideways.” It will hit theaters in Christmas 2023. In “The Holdovers,” Giamatti portrays Paul Hunham, a universally disliked professor at a prep school called Deerfield Academy. With no family and nowhere to go around the holidays in 1970, he stays on campus to supervise students who couldn’t go home. After a few days, only one person is left: a troublemaking 15-year old named Angus, a good student whose bad behavior always threatens to get him expelled. Along with the school’s head cook Mary (Da’Vine Joy Randolph), whose own son was recently lost in Vietnam, the three form an unlikely bond as they spend Christmas together during two very snowy weeks in New England. The cast also includes Carrie Preston, Gillian Vigman and Tate Donovan. David Hemingson wrote the film’s script script.