When I met with Fox Searchlight presidents Stephen Gilula and Nancy Utley at the Cannes Film Festival, it seemed clear that they were not going to take part in one of the most aggressive acquisitions market that Cannes has seen in years. But not only did they walk away with the Palme d’Or prestige badge that will help Terrence Malick’s visionary The Tree of Life find its way when Searchlight releases it in theaters beginning Friday, they also greenlit the first film by Jonathan Dayton and Valerie Faris since Little Miss Sunshine. The new film, He Loves Me, is a reunion. Besides being back in the Searchlight fold, they’ve set as star Paul Dano, whose career was launched by Sunshine. Dano will be paired alongside his girlfriend, Zoe Kazan, who wrote the script. The film also reunites Dayton and Faris with Sunshine producers Albert Berger and Ron Yerxa. Jeff Bridges is being courted to play another role. After Little Miss Sunshine won two Oscars and was a Best Picture nominee, Dayton and Faris were courted like crazy by studios and became attached to a number of projects that didn’t pan. It has been five years since the release of that film, but they start production in July. As for Dano, the film he recently completed, Looper, sold in a big Cannes acquisition deal to FilmDistrict, and he just wrapped for Focus the Paul Weitz-directed adaptation of Another Bullshit Night in Suck City, opposite Robert De Niro. He’ll be seen this summer in Cowboys & Aliens. Dano’s repped by CAA and Anonymous Content.