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The ensemble piece had its Sundance premiere in the first weekend of the fest, while the indie heavyweights balked, ThinkFilm and City Lights Home Entertainment have partnered to purchase the pic for over 4 million. Vareity reports that ThinkFilm will handle theatrical distribution and City Lights will handle DVD and digital distribution through its partnership with Warner Music Group's WEA Corp. Both companies will share revenue from all distribution venues.

As part of a serious refocus in acquistions, the folks at First Look picked up one more Sundance selection. Michael Cahill’s directorial and screenwriting debut was produced by Alexander Payne, Michael London, Avi Lerner and Randall Emmett.

A former film critic, Rod Lurie garnered Golden-Globe and Academy Award nominations for his 2000 film The Contender. His latest project, Resurrecting the Champ premiering at Sundace, is from a screenplay based on an LA Times article about a former boxing champion now homeless and living on the streets, and stars Josh Hartnett and Samuel L. Jackson.

Padre Nuestro is the feature film debut from writer/director Christopher Galla, the story of two young boys, Pedro and Juan, who flee Mexico illegally with the help of corrupt border patrol officials. Pedro carries with him a letter from his mother and a locket containing photos of his mother and father, the latter of which fled Mexico for New York City 22 years before. Pedro has come to New York to find him. Juan also carries two mementos from his father – a switchblade and the scar on his chest where his father stuck the blade.

Imagine premiering your film for the first time in front of audiences (that happen to include buyers) and having the door blocked off after the screening. This is what seems to have happened in the case of writers-directors David Bruckner, Jacob Gentry and Dan Bush. Magnolia Pictures bought the North American, Aussie and U.K. rights to the film for close to 2 million.