Fox Searchlight has hit the jackpot at the 2011 Sundance Film Festival. The studio has acquired two features that were screened during the event: Homework and Martha Marcy May Marlene. The official announcement was recently released to the media and it reveals why these two films caught the studio’s eye.

Martha Marcy May Marlene stars Sundance breakout Elizabeth Olsen as Martha, a damaged woman haunted by painful memories and increasing paranoia, who struggles to reassimilate with her family after fleeing a cult. The film also features Sarah Paulson, recent Oscar nominee John Hawkes and Hugh Dancy. The film was written and directed by Sean Durkin.

“Sean Durkin has crafted a riveting first feature,” said Claudia Lewis, President of Production.  “We are thrilled to be working with a director who has such an original voice. We hope to make many more films with Borderline Films, this exceptional team of young filmmakers.”

Homework stars Freddie Highmore as George, a lonely and fatalistic teen who’s made it all the way to his senior year without ever having done a real day of work, who is befriended by Sally, a beautiful and complicated girl who recognizes in him a kindred spirit. The film also stars Emma Roberts, Michael Angarano, Elizabeth Reaser, Rita Wilson, Sam Robards and Blair Underwood. Homework was written and directed by Gavin Wiesen.

“We couldn’t have found a better home than Searchlight, a company renowned for championing new storytellers,” says Wiesen. We are delighted to have found an impassioned partner for Homework. Searchlight shares our passion for this gem of a film. We couldn’t be in better hands,” say Dana, Baker, Walsh and Goldberg.

The Sundance Film Festival is still going strong. Who knows what other deals will come out of the big event!

What do you think of Fox Searchlight’s choices?