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Sundance: Fox Searchlight Acquires ‘Way, Way Back’ For Almost $10 Million; Stars Carell, Collette, Janney, Rudolph and Rockwell

Sundance: Fox Searchlight Acquires 'Way, Way Back' For Almost $10 Million; Stars Carell, Collette, Janney, Rudolph and Rockwell

Fox Searchlight has picked up the rights to Nat Faxon and Jim Rash’s “The Way, Way Back,” which premiered at Sundance on January 21. The acquisition is a big buy, reportedly just under $10 million. Clearly, Searchlight expects to take the movie out in a wide commercial release, as this is more than they paid for Sundance hit and Oscar-winning Steve Carell-starrer “Little Miss Sunshine.”

“The Way Way Back” stars Carell, Toni Collette, Allison Janney, Maya Rudolph and Sam Rockwell, and centers on a teenager who takes a summer job at a run-down water park. Faxon and Rash, Oscar-winning co-writers of Searchlight’s 2011 release “The Descendents,” make their directorial debut.

Here’s the synopsis via Sundance:

The Way, Way Back tells the story of 14-year-old Duncan’s awkward, funny, and sometimes painful summer vacation with his mother, Pam, her overbearing boyfriend, Trent, and his daughter, Steph. Although Duncan has a tough time fitting in and finding his place, he does find an unlikely ally and mentor in Owen, a carefree employee at the local water park where Duncan gets a job. Over the course of the summer, as his mother drifts further away, Duncan—with encouragement from Owen—begins to open up and come into his own.

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