IFC Films has acquires U.S. distribution rights to Justin Kelly’s gay porn crime drama King Cobra, co-starring and produced by James Franco. The film had its world premiere in the Midnight section of the Tribeca Film Festival and recently played at Outfest Los Angeles. Kelly recently directed Franco is last year’s I Am Michael, which premiered at the 2015 Sundance Film Festival.

The lurid, fact-based events of King Cobra chronicle the rise of young Sean Lockhart (Disney Channel alum Garrett Clayton), a 17-year-old with dreams of success who becomes embroiled in a true crime story. Under the name Brent Corrigan, Lockhart begins to make adult entertainment videos for Stephen (Golden Globe winner Christian Slater, currently co-starring in Mr. Robot), the founder of Cobra Video. Once he becomes a success, rival porn producers and lovers Joe and Harlow (Franco and Keegan Allen) set there eyes on the young stud. The story ends in a gruesome murder. Alicia Silverstone and Molly Ringwald co-star.

IFC Films hasn’t yet set a date for King Cobra. Stay tuned for further details.