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The Canadian Press - ONLINE EDITION

CANNES WATCH: Paramount buys Amy Adams sci-fi film

CANNES, France - One of the hottest properties in Cannes has been acquired by Paramount Pictures.

Paramount has purchased the North America and China distribution rights for "Story of Your Life," a sci-fi thriller to star Amy Adams. Directing is Denis Villeneuve, the Canadian filmmaker who made last year's kidnapping thriller "Prisoners" and the 2010 Oscar-nominated, French-language mystery "Incendies."

Based on a short story by science-fiction writer Ted Chiang, "Story of Your Life" is about a linguist (to be played by Adams) recruited by the military to translate invading aliens. It's being produced and financed by FilmNation Entertainment in partnership with Lava Bear Films.

Paramount, which said it expects to release the film in 2016, reportedly paid $20 million for the rights to the film.

— By AP Film Writer Jake Coyle, http://twitter.com/jake_coyle

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