Screen Daily reports that Magnet Releasing has just picked up Beyond The Black Rainbow, fresh from its success at the Tribeca Film Festival. It’s a perfect fit for the studio, which has really risen over the last few years to nab interesting and unique genre flicks.

Beyond The Black Rainbow isn’t a complete success but it’s definitely interesting, and one hell of a trip. I described it to my friends as sort of a reverse 2001: A Space Odyssey, as it’s a film that starts off trippy and visual and progressively begins to settle into a more normal narrative. Mix that with the visceral, bloody, head-exploding fun of Scanners and you still probably won’t understand what the film is. Most people who watch it still won’t.

The story is simple enough to tell. It’s about a girl with psychic powers who’s trapped in an experimental test site and readies her escape so that she can finally see the real world. It’s one hell of a trip and feels like the kind of film you’ll have to see multiple times to fully “get”. It’s slow and long and it has lengthy scenes of an experimental and visual nature, but is certainly worth a watch even if half of you will hate it. I also have to admit that I absolutely love that poster. As sick as I’m getting of the posters with the fake folded look on them this one fits, as the film is set in the 1980s and is all about that aesthetic.

Mongrel Media will distribute in Canada, and Elephant Eye holds the international rights. No word on a release plan just yet, but for Magnet expect the usual VOD/limited theatrical release.

Check out the trailer below for an idea of what to expect.