Lionsgate and Roadside Attractions have acquired Everything Must Go, the Dan Rush–directed Will Ferrell drama, at the Toronto Film Festival, for a reported $3 million. In the film, based on the Raymond Carver story "Why Don't You Dance?" Ferrell gets serious, playing a recovering alcoholic who gets fired and comes home to find his wife has thrown all his stuff out of their house. Previously at the festival, Lionsgate and Roadside also teamed up to buy The Conspirator, a historical drama about Robert Redford. Meanwhile, IFC made a low seven-figure deal for Peep, which stars Michael C. Hall and Sarah Silverman as siblings who gather for their father's 70th birthday. [Deadline, HR]
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