Strand Releasing has acquired Scott Coffey's "Ellie Parker", announcing the pact here at the Festival de Cannes. The company made a North American deal for the film, which premiered at the Sundance Film Festival earlier this year. Written and directed by Coffey, the film is described as "a hilarious comic portrait of a young woman's struggle for integrity, happiness, and a Hollywood acting career."

Watts and Coffey produced the film, which was edited by Matt Chesse (Oscar nominated for 'Finding Neverland'). It was shot by Coffey along with Blair Mastbaum.

“Scott has been a long time colleague and friend and we are thrilled to be working with him,” said Strand’s Hu and Gerrans in a statement from Cannes. The deal was negotiated by Strand and Linda Lichter of Lichter, Grossman, Nichols, Adler and Kevin Iwashina of CAA.

Strand also recently announced the acquisition of Tim Kirkman's "Loggerheads."