Indomina Entertainment is reportedly close to a deal to acquire Sheldon Candis' Sundance Film Festival 2012 drama LUV (starring Common) – the one film that was on my short list of films to see at the festival that I wasn't able to (hence no review of it from me).

The ink hasn't dried yet, but Deadline says the deal will likely be in the "low seven-figures," and includes "a TV component."

Indomina is the same company that also acquired Ice-T's directorial debut, the rapumentary, Something For Nothing: The Art Of Rap.

As a quick recap, the official synopsis for LUV reads:

An orphaned 11-year-old boy is forced to face the unpleasant truth about his beloved uncle during one harrowing day in the streets of Baltimore. 

Dennis Haysbert, Danny Glover, and Charles S. Dutton also co-star.

Congrats to Candis, producer Datari Turner and the rest of the LUV crew, assuming the deal is eventually signed, sealed and delivered!