Updated at 11:43 am Friday:
New Video has acquired DVD, cable, VOD and digital distribution rights to "The Flaw." There are also plans for a limited theatrical run.
Also read: 'Sundance 2011 Deal Scorecard'
The documentary is produced by Christopher Hird (The End of the Line), Luke Johnson, and Stephen Lambert of the film’s presenter, Studio Lambert.
"The Flaw" attempts to explain the underlying causes of the financial crisis. The film’s title was inspired by former U.S. Fed Chairman Alan Greenspan's acknowledgment that he'd found a flaw in his model of how the world worked.
Updated at 9 am Friday:
Focus Features has aquired 'Pariah,' a first feature by writer-director Dee Rees, about a young, African-American lesbian coming to grips with her identity, the company said on Friday.
Some at the festival see 'Pariah' as a 'Precious'- like underdog film, the story of an abused African-American teenager that went on to great critical acclaim and established Gabourey Sidibe as a rising star.
'Pariah' stars newcomer Adepero Oduye as Alike, the lesbian teenager whose conservative parents lead her to live a double life, heading out to butch clubs at night and changing back into her earrings on her way home.
The studio paid $800,000 for worldwide rights and additionally commissioned a new script from the young director. Rees, who fashioned the film at the Sundance Lab, based the story on some of her own experiences; Spike Lee is an executive producer on the film.
The acquisition comes even as some have questioned the future direction of Focus, the arthouse divison of Universal Pictures, as Comcast takes ownership of the company. Focus chief James Schamus signals with the acquisition an intention to continue acquiring and releasing serious cinematic work.
Updated at 6:30 p.m. Thursday:
IFC Films and Sony Pictures Worldwide Acquisitions are acquiring North American rights to "Salvation Boulevard," the George Ratliff film that premiered this week.
The movie is based on the novel by Larry Beinhart and stars Pierce Brosnan, Jennifer Connelly, Ed Harris, Greg Kinnear, Jim Gaffigan and Marisa Tomei.
The Mandalay Vision production was produced by Cathy Schulman, Celine Rattray and Peter Fruchtman, and will be released theatrically via IFC Films.
Updated at 2:30 p.m. Thursday:
HBO has announced that Roadside Attractions will partner with it for U.S. theatrical and DVD distribution of "Project Nim," the 2011 Sundance Film Festival opener in the World Cinema Documentary Competition.
HBO acquired multi-platform worldwide rights to the documentary at the beginning of the festival.
The anticipated film follows an experimented-upon primate for 26 years.
Updated at 2 p.m. Thursday:
Global distribution rights to the Bronx-set coming-of-age drama "Gun Hill Road" have been sold to financier Fotis Georgiadis, TheWrap has confirmed.
The film was directed by Rashaad Ernesto Green and stars Esai Morales.
Updated at 11 a.m.
