‘Palm Springs’ sets a Sundance record in $17.5M sale

‘Palm Springs’ sets a Sundance record in $17.5M sale

PARK CITY, Utah (AP) — The “Groundhog Day”-esque comedy “Palm Springs,” by Andy Samberg and the Lonely Island, has set an acquisition record at the Sundance Film Festival by 69 cents. The indie distributor Neon and the streaming service Hulu have bought “Palm Springs” for exactly $17,500,000.69 in a sale announced Monday evening at the Park City festival. The previous record Sundance sale was the $17.5 million Fox Searchlight paid for Nate Parker’s “The Birth of a Nation” in 2016. Neon will give “Palm Springs” a theatrical release, with Hulu taking the film’s streaming rights. No release date was announced.