Responding to the PT Anderson fansite Cigarettes & Red Vines, Ellison (whose Annapurna Films financed the project) gave hope for a late 2012 debut.
@cigsandredvines I know you guys are waiting on a release date for 'the Master', and it's still a bit early, but I'd keep my eyes on October
— Megan Ellison (@meganeellison) March 6, 2012
If the October date lands it could potentially mean we'll see The Master debut at Cannes in May, where Punch-Drunk Love premiered before opening in October of 2002, or play Telluride/Toronto/NYFF right before release at the start of awards season. While one Tweet (and Anderson's film fest history) is awfully little to go on, it'd make sense if things shook out this way, but stay tuned for more as this phantom October date approaches.
[@meganeellison via Slashfilm]