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Sundance Deals: Liv Tyler's "The Ledge" Picked Up

From left, Terrence Howard, Christopher Gorham, Liv Tyler, and Patrick Wilson from the film The Ledge pose for a portrait in the Fender Music Lodge during the 2011 Sundance Film Festival on Saturday, Jan. 22, 2011 in Park City, Utah. AP Photo

NEW YORK (CBS) "The Ledge," writer-director Matthew Chapman's drama about a man who threatens to jump off a high-rise building, has been picked up by IFC Films, says the Holllywood Reporter. THR reports the deal, for a little more than $1 million, is for domestic rights for a theatrical release and video on demand.

In it, actress Liv Tyler plays a former drug addict. The reliable Patrick Wilson plays her husband, a fundamentalist (The jumper is an atheist.) "The Ledge" premiered Friday.

PICTURES: 2011 Sundance Film Festival

The film's mixed reviews didn't appear to deter IFC. THR's Kirk Honeycutt writes, "A more likely home for 'The Ledge' would be cable television and home entertainment, as the film never escapes its small-screen perspective." He praises the performances by leading actors Tyler and Charlie Hunnam. The Salt Lake Tribune calls the dialogue "pedantic" and "grating." Read about the deal here.

In other film purchase news, Paramount picked up "Like Crazy," a drama about two students separated by a visa problem. According to THR, Paramount paid $4 million for worldwide rights.

Lion'sgate and Roadside Attractions bought the Kevin Spacey-starring "Margin Call," of which Slashfilm writes, "I have literally heard finance-centered episodes of NPR's Fresh Air that were more informative, more exciting, and more emotionally loaded than the entirety of Margin Call." (Eek.)

THR reports that Fox Searchlight bought worldwide rights for "Homework" for $2 million not long after its world premiere Sunday. It stars Emma Roberts and was written and directed by first timer Gavin Wiesen.

The Weinstein Co. picked up the Paul Rudd and Elizabeth Banks-starring "My Idiot Brother." Still photos from the movie show Rudd looking not unlike popular western depictions of Jesus. The New York Post writes that "[t]he movie's funny and sunny but it also feels kind of small; it's about at the level of a top-quality sitcom."

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