I saw something about this on Twitch awhile back, and now Five Star Production has confirmed it.
After around three years of talks, Magnolia has succeeded in acquiring the rights to Tears of the Black Tiger from Miramax's vaults. The theatrical release by the Landmark Theater chain is planned for January.
This is big news. It looked as if Tears of the Black Tiger (Fah Talai Jone) would never see the light of day after it was bought by the Weinsteins, who then had the ending changed and then locked it in a vault for no one to see.
While it's hoped (and very likely) that Magnolia will release the original version of the film, the exact details of this will be forthcoming from Magnolia. Director Wisit Sasanatieng "is extremely delighted about this," says Five Star's spokeswoman.
(Cross-published at Rotten Tomatoes)
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