23 January 2013 10:45 AM, PST | Gold Derby | See recent Gold Derby news »

Studio purchases at the Sundance Film Festival have bee cautious, but the market is "steadily gaining steam." The Wrap At the Sundance Film Festival, Fox Seachlight acquired North American distribution rights for "The Way, Way Back," written and directed by Oscar-winning duo Nat Faxon and Jim Rash ("The Descendants"). The film will be released this summer. "Nat and Jim have crafted a uproarious coming of age story and it is great to be reunited with them," said Fox Searchlight presidents Nancy Utley and Stephen Gilula. Seven of the nine Oscar nominees for Best Picture could cross the $100 million mark in domestic box office. The Wrap -Addprediction:83:4:Click to predict Best Picture Oscar:addprediction- Nominees Alan Arkin, Jessica Chastain, Daniel Day-Lewis, Sally Field, John Goodman, Damian Lewis, and Julianne Moore added to the list of SAG Award presenters, announced today by&nbsp »


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