UPDATE: 09/10/08: IFC ultimately purchased the domestic rights to Che, not Magnolia Pictures. It will run for one week in December, and then be released in January via on-demand.
Word from the TIFF via the NY Post is that Steven Soderbergh’s $60 million 4-hour-plus Che Guevara biopic, Che, has finally been picked up by Mark [...]

Today, director Steven Soderbergh’s four hour subtitled Che Guevera biopic, Che (presented as two films entitled The Argentine and Guerilla) premiered at the Cannes Film Festival. Online, critical reception is already momentously loud and divided, in a “Here we go…” way. And as you might expect, the film(s)’s questionable commercial prospects and controversial depiction of [...]