UPDATE: Lionsgate has confirmed it has a closed deal for the Eli Roth-directed Knock Knock, the sexy thriller that stars Keanu Reeves as a married man whose dalliance with a couple of young beauties becomes a nightmare for him. Sources close to the distributor peg the final value of the deal at $2.5 million. There are still numerous strong titles that have deals percolating, including Copcar and Brooklyn, the latter of which just screened. There is still a lot more commerce happening here, even as buyers and agents head back to Los Angeles and finish the deals there. We described this festival as having the potential to be the biggest sellers market in years, and it hasn’t disappointed.

EARLIER EXCLUSIVE, January 26, 2:21 : In the latest strong Sundance distribution deal, Lionsgate is nearing a $3 million acquisition of the Eli Roth-directed sexy thriller Knock Knock. There were eight offers, but this one’s close to closing. Roth wrote the script with Nicolas Lopez and Guillermo Amoedo. Reeves stars with Lorenza Izzo, Ana De Armas, Aaron Burns, Ignacia Allamand and Colleen Camp.

Image (5) eli-roth__130409165313-150x150.jpg for post 734736Reeves plays a married man whose family is away. Two beautiful young girls fill the void and turn a wild fantasy into his worst nightmare. CAA and Cassian Elwes brokered the deal for a film that has been a hot buzz title since it premiered Friday in the Midnight section.

It’s an interesting time for Reeves, who had a definite win in John Wick. The film also features breakout performances by the young temptresses played by Izzo and De Armas. This one has been in talks all last night and today, and I hear you could see Roth doing his deal-making while skiing at The Lift. He has a long history with Lionsgate, so this seems like a strong fit.