We reported last month that Magnolia Pictures was in final talks to pick up the controversial documentary I'm Still Here: The Lost Year of Joaquin Phoenix and now the studio has made it official. Take a look at the press release below.

The Wagner/Cuban Companies' Magnolia Pictures announced today that it has acquired world rights to Oscar-nominee Casey Affleck's directorial debut, I'm Still Here: The Lost Year of Joaquin Phoenix, a striking portrayal of a tumultuous year in the life of internationally acclaimed actor Joaquin Phoenix.

With remarkable access, I'm Still Here: The Lost Year of Joaquin Phoenix follows the Oscar-nominee as he announces his retirement from a successful film career in the fall of 2008 and sets off to reinvent himself as a hip hop musician. Sometimes funny, sometimes shocking, and always riveting, the film is a portrait of an artist at a crossroads. Defying expectations, it deftly explores notions of courage and creative reinvention, as well as the ramifications of a life spent in the public eye.

Magnolia will release I'm Still Here: The Lost Year of Joaquin Phoenix on Friday, September 10th.

We'll be sure to keep you posted on any further details regarding I'm Still Here: The Lost Year of Joaquin Phoenix as soon as we have more information.