21 January 2013 6:19 AM, PST | The Playlist | See recent The Playlist news »

The Sundance Film Festival has been underway for a few days now, but the buyers' market has been slow to get moving. It's not entirely surprising; as we documented last week, a run of disappointments has left distributors a little more cautious than in the past, and with few films attracting across-the-board raves, there's further reason to keep the purse strings tightened until most of the major films have screened. But with the majority of the big-ticket movies now having unspooled, things are starting to warm up, with a number of major deals closing in the last 24 hours or so. Among the most high profile is "The Spectacular Now," the well-liked teen drama from "Smashed" director James Ponsoldt, starring bright young things Miles Teller and Shailene Woodley. A number of buyers were said to be in the hunt, but it's A24 Films, the new company set up by Oscilloscope co-founder David Fenkel, »

- Oliver Lyttelton

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