The film, which premiered at the Sundance Film Festival in January, was written and directed by Galt Niederhoffer. It was produced by Daniela Taplin Lundberg, Jennifer Todd, Suzanne Todd, Michael Benaroya, Ron Stein and Daniel Hendler, and co-stars Malin Akerman, Adam Brody, Dianna Agron, Candice Bergen and Elijah Wood.
"The Romantics" is about a tight-knit group of college friends who reunite for the wedding of two of their own.
"The response to the film has been extraordinary and I am delighted to have Paramount Famous Productions as our domestic distribution partner," Lundberg said in a statement Friday.
"We are thrilled to be in business with the talented team at Plum Pictures and their partners. We have been tracking several of Plum's projects and 'The Romantics' is a great way to start," said Louis Feola, president of Paramount Famous Productions.
The film is slated to screen at France's Cannes film festival later this month.