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PARK CITY ’08 9:22 p.m. | “American Teen” Nearing Paramount Vantage Pact

PARK CITY '08 9:22 p.m. | "American Teen" Nearing Paramount Vantage Pact

Inside sources indicate that Paramount Vantage is nearing a deal for Nanette Burstein‘s “American Teen” after protracted negotiations that began with a number of would-be buyers — including Sony Pictures Classics and Fox Searchlight —immediately following the Friday’s Sundance Film Festival premiere on Friday. The deal, said to be valued at $2.5 million for the A&E Indie Films documentary, is being brokered by Cinetic and CAA. Last year A&E Indie Films sold its Sundance entry “My Kid Could Paint That” to Sony Classics. indieWIRE reported on the film’s world premiere earlier this week. [Eugene Hernandez]

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