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TIFF: Focus Features Nabs Worldwide Rights to Alexander Payne’s ‘The Holdovers’ for $30 Million

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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.

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