THINKFilm plans a summer release for the film, which deploys 10 vignettes to illustrate the lessons of the Ten Commandments. Paul Rudd, Winona Ryder, Liev Schreiber, Gretchen Mol, and Oliver Platt star, among others.
'Our success with The Aristocrats and Strangers With Candy has whetted our appetite, and proven our skills, for this sort of smart, outrageous comedy,' THINKFilm's theatrical chief Mark Urman said. 'With The Ten, we believe we can reach a much, much wider audience.'
Urman and THINKFilm's executive vice president of acquisitions and business affairs Randy Manis negotiated the deal with John Sloss of Cinetic Media.
At time of writing several buyers were circling Jake Paltrow's drama The Good Night and a deal was expected to be announced on Monday. Slamdance entry You Are Here, which like The Good Night is represented by Endeavor, was also expected to sell imminently.
Also in play were A Very British Gangster, The Nines, Protagonist, Chasing Ghosts, The Devil Came On Horseback, Starting Out In The Evening, and Dark Matter.
Meanwhile Christopher Zalla's immigration drama Padre Nuestro won the Grand Jury Prize: Dramatic Competition and Jason Kohn's Brazil-set Manda Bala took corresponding documentary honours.
The festival winners were announced at the festival's closing awards ceremony in Park City, Utah, on Jan 27.
'The films in this year's programme have opened up the possibilities of what independent film can be and will be in the future,' festival director Geoff Gilmore said.
'The 2007 Sundance Film Festival award-winners reflect the talent, diversity, and evolution of independent film and exemplify the artistic power of film to illuminate and explore issues that are prevalent in our global society.'
The winners are:
Grand Jury Prize: Documentary - Manda Bala (Send A Bullet), directed by Jason Kohn.
Grand Jury Prize: Dramatic - Padre Nuestro, directed by Christopher Zalla.
World Cinema Jury Prize: Documentary - Enemies Of Happiness (Denmark), directed by Eva Mulvad and Anja Al Erhayem.
World Cinema Jury Prize: Dramatic - Sweet Mud (Israel), directed by Dror Shaul.
Audience Award: Documentary - Hear And Now, directed by Irene Taylor Brodsky.
Audience Award: Dramatic - Grace Is Gone, directed by James C Strouse.
World Cinema Audience Award: Documentary - In The Shadow Of The Moon (UK), directed by David Sington
World Cinema Audience Award: Dramatic - Once (Ireland), directed by John Carney.
The Directing Award: Documentary -Sean Fine and Andrea Nix Fine for War/Dance.
The Directing Award: Dramatic - Jeff Blitz for Rocket Science.
The Excellence in Cinematography Award: Documentary - Heloisa Passos for Manda Bala.
The Excellence in Cinematography Award: Dramatic - Benoit Debie for Joshua.
The Independent Film Competition Documentary Jury Editing Award - Hibah Sherif Frisina, Charlton McMillian, and Michael Schweitzer for Nanking.
The Waldo Salt Screenwriting Award for outstanding achievement in writing - James C Strouse for Grace Is Gone.
The Documentary Jury's Special Jury Prize - No End In Sight, directed by Charles Ferguson.
The Independent Film Dramatic Competition Special Jury Prizes for Acting - Jess Weixler in Teeth, and Tamara Podemski for Fourth Sheets To The Wind.
The Independent Film Dramatic Competition Special Jury Prize for Singularity of Vision - Chris Smith, director of The Pool.
The World Cinema Documentary Competition Jury Special Jury Prize - Hot House (Israel), directed by Shimon Dotan.
The World Cinema Dramatic Competition Jury Special Jury Prize - The Legacy (France), directed by Gela Babluani and Temur Babluani.
Jury Prize in Short Filmmaking - Everything Will Be OK, directed by Don Hertzfeldt.
Jury Prize in International Short Filmmaking - The Tube With A Hat (Romania), directed by Radu Jude.
Alfred P Sloan Prize - Dark Matter, directed by Chen Shi-Zheng and written by Billy Shebar.