'American Teen' sold to Paramount Vantage

Director Nanette Burnstein's documentary "American Teen" secured worldwide (minus U.K.) distribution rights last night from Paramount Vantage for the price of around $1 million, according to several trade reports. As we reported earlier, the film has been the subject of heated and protracted financial negotiations since it first screened at Sundance late last week.

— Sheigh Crabtree