IFC working 'Nights' after SXSW pickup

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In a landmark moment for the South by Southwest Film Conference and Festival, IFC Entertainment has picked up worldwide rights to Joe Swanberg and Greta Gerwig's romantic drama "Nights and Weekends."

It marks the first acquisition of an SXSW premiere during the fest.

IFC picked up Swanberg's previous feature, "Hannah Takes the Stairs," in the months following its 2007 SXSW premiere.

"Nights" chronicles a couple (played by the co-writers/directors) who endure a painful long-distance relationship. Dia Sokol and Anish Savjani produced the film, which premiered Sunday.

The pickup marks a victory for SXSW producer Matt Dentler in his low-key efforts to create a market for smaller indies at the Austin event.

IFC's Lizzie Nastro negotiated the deal with Savjani.
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