'Short Term 12,' Hottest Film Out of SXSW, Nabbed by Cinedigm

"Short Term 12" was easily the hottest film at this year's SXSW Film Festival, and now it belongs to Cinedigm.

The company has acquired all North American and Latin American distribution rights to the foster-care drama. It's a big get for Cinedigm, which is trying to rebrand itself as an indie and alternative content distributor and not simply a software and digital-screen provider, its former identity.

Cinedigm plans to release the film theatrically in late summer and will push the film for major film awards, it said.

Also read: The Most Popular Movie at SXSW Was Never Supposed to Get Made - or Star a Woman

Cinedigm already has picked up some impressive hardware. "Short Term 12" swept the major prizes at the Austin, Texas-based film festival this month, capturing SXSW's dual grand jury and audience awards.

Destin Daniel Cretton's second feature-length film is based on his experiences working at a foster-care facility.

The film centers on a young social worker (Brie Larson), who is forced to confront her own damaged past while she works with at-risk teens. Many of the supporting roles are played by unknown kids, but Larson is riding high after her film "The Spectacular Now" was a Sundance breakout.

Cretton told TheWrap that part of the key for him in terms of spinning his autobiography into fiction was writing a female lead character.

"It felt scary because I hadn't written from a female perspective," Cretton said

"It made every scene new -- even some of the scenes that carried over from the short into the feature," he added.

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