Sundance Selects has acquired North American rights to Beyond the Hills, written and directed by 4 Months, 3 Weeks and 2 Days filmmaker Cristian Mungiu.

PHOTOS AND VIDEO: The Scene at Sundance Film Festival 2012

On Thursday, Andrew Stanton refuted claims that his upcoming sci-fi opus John Carter went over budget. Following an article by Kim Masters that ran in the Jan. issue of THR's print magazine as well as online which stated his film’s initial $175 million price tag ballooned to a rumored $300 million, Stanton told reporters that those reports were "a complete and utter lie."

Magnolia released the official U.S. trailer Friday for Marley, director Kevin Macdonald’s documentary about the iconic reggae artist. Bob Marley fans will be jammin’ as they get a first real look at the film’s in-depth portrait of the musician, told through the words of the people who knew him best.

PHOTOS AND VIDEO: Berlin Film Festival 2012: Actor and Director Roundtables

Rock of Ages helmer Adam Shankman is in talks to direct This Is Where I Leave You for Warner Bros., the studio confirms. The project is based on the Jonathan Tropper novel about four grown children who return to the house they grew up in and sit shiva with their mother after their father dies. Dysfunctional comedy ensues.

VIDEO: Rock of Ages: Trailer

Arash Amel has been hired to write a screenplay for I Am Legend 2 for Warner Bros. Will Smith is on board to produce through his Overbrook Entertainment shingle, with the potential once again to star.

Akiva Goldsman, who co-wrote and produced I Am Legend, also will return as a producer.

Oscilloscope Laboratories has acquired U.S. rights to 28 Hotel Rooms, written and directed by Matt Ross. The drama had its world premiere in the NEXT <=> section of the Sundance Film Festival in January and will receive a premium VOD release followed by a national theatrical release later this year.

PHOTOS: The Scene at Sundance Film Festival 2012

Studio Eight has optioned the film rights to Norwegian comics artist Jason’s graphic novel I Killed Adolf Hitler. Publisher Fantagraphics announced today that the company recruited screenwriter D.C. Walker of Up Country Productions to adapt the 2007 Eisner Award winner.

PHOTOS: 'The Avengers': Comics vs. Film

Roadside Attractions has acquired U.S. and Latin American rights to Alexis Lloyd's 30 Beats. The company will release the film day-and-date in U.S. theaters and on VOD June 1.

Seth MacFarlane, Funny or Die and the Epic Meal Time crew have been added to the roster of panelists that will be featured during the South by Southwest Film Conference that runs March 9-13. They join previously announced participants Joss Whedon, Jeffrey Tambor, Lena Dunham, Judd Apatow, Cliff Martinez and Kevin Smith.

PHOTOS: From the Mind of Seth MacFarlane

Jonathan Liebesman is the hero in a half shell. The director, whose Wrath of the Titans opens March 30, is in final negotiations to helm the new Teenage Mutant Ninja Turtles movie at Paramount.