Sundance's First Pickup

It's only the first day of Sundance, and we have our first deal struck before any film has even premiered. The lucky winner is Davis Guggenheim's documentary Looking for Superman, which digs into the public education crisis. Paramount (who distributed Guggenheim's An Inconvenient Truth) will pick it up and slap the Paramount Vantage label on it. Deals! [Variety]