Magnolia Pictures acquired the North American rights to a documentary on the legendary Chelsea Hotel in New York entitled “Dreaming Walls” which is executive-produced by Martin Scorsese.
The film had a world premiere in the Panorama section of the Berlinale in February, co-directors Amélie van Elmbt and Maya Duverdier delved into an iconic Chelsea Hotel, which was the epicenter of 1960s counterculture, was a oasis for famous artists and intellectuals including, Andy Warhol, Jack Kerouac, Patti Smith, Janis Joplin.
The building has been renovated into a luxury hotel, which has spanned more than 10 years, has been a source of ongoing frustration for its tenants, they still live amid scaffolding and constant construction.
Magnolia president Eamonn Bowles said, “’Dreaming Walls’ is an incredible reverie of a film, flooded with beautiful memories. Amélie van Elmbt and Maya Duverdier have fashioned a fitting ode to all the ghosts and past inhabitants of the Chelsea.”
Van Elmbt and Duverdier made a comment about acquision, “We are delighted and honored to be part of the beautiful and strong Magnolia family. We couldn’t have expected a better home for our film. Magnolia reflects our love and fight for independent cinema. As European directors, it means a lot to collaborate with such a great distributor in the U.S.”
Magnolia plans to release the film in theaters and on-demand this summer.