In an innovative new partnership, THINKFilm, Lifetime Networks and Netflix's Red Envelope Entertainment (REE) have acquired the North American rights to Daniel Barnz's PHOEBE IN WONDERLAND, which recently had its world premiere at this year's Sundance Film Festival, and stars Patricia Clarkson, Elle Fanning, Felicity Huffman, Bill Pullman, and Campbell Scott. The deal was jointly announced today by Mark Urman, THINKFilm's Theatrical Division Head, Susanne Daniels, President, Entertainment, Lifetime Networks, and Liesl Copland, Head of Netflix's Red Envelope Entertainment.

THINKFilm will release this film in exclusive engagements this fall. Lifetime will have exclusive television rights and will premiere the film under the Lifetime Pictures banner, and Netflix's Red Envelope Entertainment will have non-exclusive DVD and streaming rights. All three entities will join forces in the branding and marketing of the indie drama.

Commenting on the ground-breaking deal, Lynette Howell from Silverwood Films said, "Daniel Barnz is an extraordinary emerging filmmaker and we couldn't be more thrilled to be partnering with THINKFilm, who has established itself as a distribution company with a thoughtful and meticulous approach to independent film, especially the work of new directors under the very creative and collaborative leadership of Mark Urman. This three-way partnership with THINKFilm, Lifetime, and Netflix's REE is a unique and incredibly creative structure which maximizes the exposure of the movie to audiences, whilst being profitable for the financiers and allowing for independent filmmakers in the future not to solely rely on the bidding war scenarios we have seen at Sundance in the past." Added writer and director Daniel Barnz, an established screenwriter who was also listed on Variety's "Top Ten Directors to Watch" this year: "When you finally make a film you've been dreaming of making for ten years, you can only pray for a distributor as savvy, intelligent and visionary as THINKFilm. And I'm incredibly honored that the film got the vote of confidence from Lifetime and Netflix's REE as well. They all understand that this is a film about how being different makes you stronger, and that the audience for that kind of story is limitless. The film couldn't be in better hands."

About the acquisition, THINKFilm's Mark Urman said, "We are thrilled to be working once again with Lynette Howell and Silverwood Films on this beautifully acted and deeply touching film. We are also really excited about working with such effective, motivated and resourceful partners as Lifetime and Netflix's REE so that PHOEBE can reach the widest possible audience."

"We're truly pleased to be able to bring to Lifetime a project that speaks so beautifully to women. This is clearly a passion project for the filmmakers and it's obvious that's why it was the most talked about film at Sundance this year," said Lifetime's Susanne Daniels. Adding, "I'm thrilled to be in business with THINKFilm and Netflix's REE. This agreement represents the kinds of interesting and unique partnerships we are continuing to establish at Lifetime. Thanks must also go to Endeavor's Graham Taylor for all his hard work executing this wonderful collaboration."

"We are delighted to be embarking on our first project with ThinkFilm which will give our more than seven million members access to a wonderful film through DVD or by streaming it to their PC" said REE's Liesl Copland. "We are equally pleased to collaborate with Lifetime Television and are grateful to Endeavor for realizing the benefits of this unique three-way partnership."

Based on Barnz's original screenplay, PHOEBE IN WONDERLAND concerns a young girl (Elle Fanning) who longs to be in her school's production of "Alice in Wonderland." After being cast in the lead role of Alice by her eccentric drama teacher (Patricia Clarkson), Phoebe reveals a unique talent but, much like Alice herself, is increasingly at odds with the world around her and begins to retreat into a world of her imagination. Though her parents (Felicity Huffman and Bill Pullman) initially see their daughter's unusual behavior as signs of creativity, they gradually realize that Phoebe is at risk of falling "through the looking glass."

PHOEBE IN WONDERLAND is written and directed by Daniel Barnz, produced by Ben Barnz and Lynette Howell ("Half Nelson"), executive produced by Doug Dey and Chris Finazzo, with cinematography by Bobby Bukowski, editing by Robert Hoffman, and original music by Christophe Beck. The film stars Patricia Clarkson, Elle Fanning, Felicity Huffman, Bill Pullman, and Campbell Scott.

In a coordinated effort to bring together the right mix of theatrical, broadcast and DVD partners, Graham Taylor from Endeavor Independent and UTA's Rich Klubeck negotiated on behalf of the filmmakers with THINKFilm's Urman and Richard Rapkowski, THINKFilm Vice President of Business & Legal Affairs, Jeffrey Schneider, Lifetime Networks Senior VP of Business Affairs and Deputy General Counsel, and Thom Zadra, Red Envelope Entertainment's Head of Business Affairs.

To download a photo from the film or to download logos from THINKFilm, Lifetime or Netflix's Red Envelope Entertainment, please go to http://www.thinkfilmcompany.com/film/phoebe/

About THINKFILM

THINKFilm is a privately held production and distribution company founded in September 2001 that is now a division of David Bergstein's Capitol Films; Bergstein also serves as the company's Chairman. With seven Academy Award nominations in six years, "Taxi to the Dark Side" recently won Best Documentary Feature. Ryan Gosling's 2006 Oscar nomination for Best Actor in "Half Nelson" and a 2005 Best Documentary Feature Oscar win for "Born Into Brothels" highlight an Oscar list that also includes nominations for "Spellbound," "The Story of the Weeping Camel," "Murderball," and "War/Dance." THINKFilm's current and forthcoming releases include: Daniele Luchetti's "My Brother Is An Only Child" on March 28th; Helen Hunt's "Then She Found Me" with Hunt, Bette Midler, Colin Firth, and Matthew Broderick on April 25th; and "The Tracey Fragments" starring Oscar-nominee Ellen Page on May 9th. For more information, please visit www.thinkfilmcompany.com

About Lifetime

LIFETIME is the leader in women's television and one of the top-rated basic cable television networks. A diverse, multi-media company, LIFETIME is committed to offering the highest quality entertainment and information programming, and advocating a wide range of issues affecting women and their families. LIFETIME Television, Lifetime Movie Network, Lifetime Real Women and Lifetime Digital (including myLifetime.com) are part of LIFETIME Entertainment Services, a 50/50 joint venture of Hearst Corporation and The Walt Disney Company.

About Red Envelope Entertainment

Netflix is committed to providing its subscribers with access to the widest variety of films available. With over 90,000 DVD titles plus a growing library of over 7,000 titles that can be watched instantly on a PC, the Netflix catalog spans every major genre, from documentaries and dramas to comedies and how-to. To that end, Red Envelope Entertainment is acquiring films to increase its members' choices and provide an innovative method for film distribution. While giving filmmakers a platform to expose less commercial projects to a broader audience, Red Envelope Entertainment looks to leverage its proprietary technology to offer more than seven million Netflix subscribers unique and original content to which they wouldn't otherwise have access. This original content initiative creates a national distribution channel for films and entertainment programming otherwise not available to broad audiences. For more information, visit http://www.netflix.com.

About Silverwood Films

Silverwood Films was founded in 2004 by Lynette Howell and Doug Dey, and last year they were named to Variety's "Ten Producers to Watch" list. Their prior films include "Half Nelson," directed by Sundance Award winning director Ryan Fleck and starring Ryan Gosling in a performance which garnered him a Best Actor Oscar nomination, and has received accolades from top film awards organizations around the world, including three Gotham Awards including Best Feature and Best Director, and two Independent Spirit awards, as well as the Special Jury Prize at the Locarno Film Festival; "Stephanie Daley," starring Oscar-winner Tilda Swinton, Amber Tamblyn and Timothy Hutton, written and directed by Hilary Brougher, whose script earned the Waldo Salt Screenwriting Award from the 2006 Sundance Film Festival, and which earned Amber Tamblyn the Best Actress award from the Locarno Film Festival and a Best Supporting Actress nomination from the Independent Spirit Awards; "The Passage," a thriller by renowned UK theatre director Mark Heller starring Stephen Dorff and Neil Jackson, which shot in Morocco and premiered at the 2007 Toronto International Film Festival. In addition to PHOEBE IN WONDERLAND, Silverwood is also producing Daniel Barnz' follow-up feature film called "Wisecracker." Silverwood's upcoming projects include "Blue Valentine," a drama starring Oscar nominees Ryan Gosling and Michelle Williams, which THINKFilm is distributing; "Villain," a psychological thriller Silverwood will be producing along with 2929 Films; a documentary entitled "White Picket Fence" which is shooting around the world; and the eagerly anticipated Broadway adaptation of hit film "The First Wives Club."