By Germain Lussier/March 27, 2013 5:00 pm EST

Thanks to ScreenDaily (via Playlist) for the news on Searchlight. Here’s their new plot description:

Anderson has assembled an incredible ensemble for this go around, including Ralph Fiennes, Edward Norton, Owen Wilson, Tilda Swinton, Jude Law, Bill Murray, Adrien Brody, Harvey Keitel, Jason Schwartzman, Willem Dafoe, Jeff Goldblum, Saoirse Ronan, Tom Wilkinson, Mathieu Amalric, F. Murray Abraham, Bob Balaban and Tony Revolori. Wow.

The Grand Budapest Hotel tells of a legendary concierge at a famous European hotel between the wars and his friendship with a young employee who becomes his trusted protégé. The story involves the theft and recovery of a priceless Renaissance painting, the battle for an enormous family fortune and the slow and then sudden upheavals that transformed Europe during the first half of the 20th century.

Once Anderson is finished with the film, Searchlight will have an interesting decision between rushing the film out this year or next. Surely they’l look at what other movies are opening, the rest of their release slate and most importantly quality of the film. If Anderson is done, and they love the movie, you’d imagine they’d push to get it in the mix of awards season. That said, Moonrise Kingdom this year got some awards buzz and it was released over the summer.

Are you excited for the film? What do you think of the plot?