The Babadook
"The Babadook."

IFC Midnight has acquired U.S. and Latin American rights to Jennifer Kent's well-received horror debut, "The Babadook." The film world premiered this week at the Sundance Film Festival in the Midnight section. The story centers on a single mother (Essie Davis) who must cope with her troubled son and the monster that has taken over their home. Entertainment One Films International is handling the international rights to the film.

Jonathan Sehring, President of Sundance Selects/IFC Films, said in a statement: "This is an extraordinary debut feature from a brilliant Australian filmmaker named Jennifer Kent who has crafted the perfect classic horror film. We were blown away by the two lead performances in the film, and we believe that people will see this film and realize that Jennifer Kent has arrived as one of the great new horror filmmakers."

IFC Midnight is a sister label to IFC Films and Sundance Selects. IFC Films acquired "Cold in July" and God's Pocket" out of the festival. They also screened "The Trip to Italy" and Richard Linklater's "Boyhood."

Go here for Indiewire's review.