The Wagner/Cuban Company's Magnolia Pictures announced today that they've acquired US rights to I Give It a Year, a raucous British comedy written and directed by Dan Mazer, frequent Sacha Baron Cohen collaborator and writer of Borat and Bruno, and produced by Working Title Films (Love Actually and Bridget Jones's Diary). The film was fully financed and released in the UK, France and Germany by StudioCanal. I Give It a Year boasts an all-star ensemble cast, featuring Rose Byrne, Anna Faris, Simon Baker, Rafe Spall, Minnie Driver and Stephen Merchant. The film opened in the UK in February, and made its North American premiere earlier this month at the SXSW Film Festival.

Both a romantic comedy and a send-up of the genre, I Give It a Year picks up where other rom-coms end, after the glamour of a fairy tale romance and wedding has worn off, and the realities of marriage start to sink in. I Give It a Year plays nagging fights, judgmental families, and extramarital hijinks to great comic effect.

Magnolia plans for a theatrical and VOD release in their Ultra VOD program later this year. Here's what Magnolia Pictures president Eamonn Bowles had to say in a statement.

"Dan Mazer is a terrific writer who has managed to both skewer and celebrate the romantic comedy genre and also deliver a gut-bustingly funny picture."

StudioCanal's executive vice president of international distribution Harold Van Lier also released the following statement.

"Solid bidding followed a great response at SXSW and at the end we went for the strongest theatrical commitment and for the largest piece of the pie. We have full confidence in Magnolia's first class team and their aggressive distribution model which lends itself perfectly to our film, a model they pioneered and have been so successful with."

The theatrical deal was negotiated by Magnolia's Director of Acquisitions Peter Van Steemburg and Vanessa Saal, SVP International Sales at StudioCanal. CLICK HERE to visit I Give It a Year's Facebook page.