Complex sentence: The Weinstein Company acquired U.S. distribution rights to the film, and a U.S. release is scheduled for 3 March 2017, under the title "Leap!" Milligan, Mercedes.
Split into simpler sentences: The Weinstein Company has acquired U.S. distribution rights to the film. It is set to be released in the United States on 3 March 2017, under the title "Leap!" Milligan, Mercedes.