Tribeca Film, the distribution label of Tribeca Enterprises, and Focus World, the alternative distribution initiative owned and operated by Focus Features, have teamed to acquire U.S. rights to Greetings from Tim Buckley, a captivating exploration of two generations of musicians - Tim Buckley and Jeff Buckley. The film spotlights a powerhouse lead performance by Penn Badgley as Jeff Buckley.

The movie's world premiere at the 2012 Toronto International Film Festival garnered strong praise. Here's what the Hollywood Reporter had to say.

"Penn Badgley [gives] a vibrant, break-out performance... Daniel Algrant's lyrical recreation of a father-son relationship seen over time, through memory and music, has a sense of urgent originality."

Here's what Entertainment Weekly said in their review.

"[Badgley's] a great singer - he does an eerily perfect impersonation ... but what draws you to him in this movie is his private, almost invisible woe."

The film is directed by Daniel Algrant (People I Know), co-written by Emma Sheanshang, David Brendel, and Algrant, and stars Mr. Badgley (Margin Call, Gossip Girl), Imogen Poots (A Late Quartet), and screen newcomer Ben Rosenfield. The producers are John Hart, Patrick Milling Smith, Frederick Zollo, and Amy Nauiokas. The executive producers include Brian Carmody, Jill Footlick, and Ben Limberg.

In 1991, a young musician named Jeff Buckley (played by Mr. Badgley) rehearses for his public singing debut at a Brooklyn tribute show for his father, the late folk singer Tim Buckley. Struggling with the legacy of a man he barely knew, Jeff finds solace in a relationship with an enigmatic young woman (Ms. Poots) working at the show. While they discover each other and New York City, the film also explores Tim's (Mr. Rosenfield) 1960s heyday, as he drives cross-country with a girlfriend and finds himself on the verge of stardom. Greetings from Tim Buckley is a poignant portrait of a father and son who were each among the most beloved singer/songwriters of their respective generations.

The deal was negotiated for Tribeca Film by Nick Savva, Director of Acquisitions; for Focus by Avy Eschenasy, Executive Vice President, Strategic Planning, Business Affairs and Acquisitions, and Kent Sanderson, Director, Alternative Content & Distribution; and for the filmmakers by CAA and Hengameh Panahi of Celluloid Dreams.

Tribeca Film and Focus World will release the film in 2013, encompassing a platform theatrical rollout as well as availability on demand in more than 40 million homes through a variety of video-on-demand offerings, as well as iTunes, Amazon Watch Instantly, VUDU, and Xbox. Here's what Tribeca Enterprises CEO Geoffrey Gilmore had to say about the acquisition.

"Greetings from Tim Buckley is a uniquely independent vision-a musical, a love story, and an examination of a father-son relationship that never was. With an especially affecting performance by Penn Badgley, and directed by the very talented Daniel Algrant, Buckley is an example of storytelling of the highest caliber and quality. We are especially excited to be partnering with Focus to release this film across all platforms."

Director Daniel Algrant also released a statement regarding the announcement.

"The partnership between Tribeca and Focus finds us a perfect home for Greetings from Tim Buckley. No rules exist any more for films like this, where the audience will not only want to find it playing nearby in a theater, but also to pull it onto their own personal screen ASAP. I only advise them to have proper speakers so they can blast the concert sequence- or they'll be missing out."