Magnolia Pictures has bought the rights to Exodus Film Group's CG animated story, The Hero of Color City.

The film follows a pack of crayons, including an angry Red, easily frightened Yellow, and cool Blue, notes The Hollywood Reporter. As they attempt to ward off an evil tyrant who tries to destroy their fantastical, colorful homeland.

Becky Bristow is directing the J.P. McCormick and Rich Raczelowski script; The Hero of Color City is scheduled for a fall 2007 release.