'The Canyons': First trailer with Lindsay Lohan and James Deen

It's the moment we've all been either waiting for … or dreading. After months of hype, fascinating profiles, delays, and finger-twirling, The Canyons is finally upon us.

From the minds of writer Bret Easton Ellis and director Paul Schrader, The Canyons is a Los Angeles-set neo-noir about Tara (Lindsay Lohan), an aspiring actress, and her producer boyfriend Christian (James Deen), and all the gritty eroticism that their modern-day, exaggerated L.A. has to offer.

For those of you who were somewhat won over by the manipulative pastiche of the teaser, the first official trailer goes in a slightly different direction. It opens with a Tara pondering the movie-going experience, intercut with images of abandoned theaters, but then transitions into a neon montage of sultry, provocative images of scantily clad Lohan and Deen. And of course we get one shot of Gus Van Sant, who also stars in the film. The background music is on trend, with a similar feel to the tracks used for the commercial spots for Spring Breakers and The Bling Ring.

Take a look at the trailer and let us know what you think.

IFC films will release The Canyons in theaters and VOD on August 2.