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Weinstein Co. to release film 'This Must Be the Place'

Sean Penn arrives on the red carpet before the screening of the film "This Must Be The Place" during the 64th annual Cannes International Film Festival in Cannes, France on May 20, 2011. UPI/David Silpa | <a href="/News_Photos/lp/136a647903412af21c461a4502b877b9/" target="_blank">License Photo</a>
Sean Penn arrives on the red carpet before the screening of the film "This Must Be The Place" during the 64th annual Cannes International Film Festival in Cannes, France on May 20, 2011. UPI/David Silpa | License Photo

NEW YORK, Sept. 22 (UPI) -- The Weinstein Co. says it has acquired the North American rights to "This Must Be the Place," a film in which Sean Penn plays an aging rock star.

The studio announced the deal with producers Lucky Red, Indigo Film and Medusa Film Wednesday.

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The Italian/French/Irish co-production from award-winning director Paolo Sorrentino premiered at this year's Cannes Film Festival, as part of the official selection.

"I'm thrilled to be working with Harvey [Weinstein, TWC co-chairman.] He has a very deep appreciation of the film and a clear vision for its release, and he loves to come to Rome," Sorrentino said in a statement.

"Sorrentino is a true auteur," Weinstein added. "We were gripped by his film and are excited to share it with American audiences. Sean proves once again that he is one of the finest actors of our time."

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