The 2010 Sundance Film Festival hasn't even officially begun yet and the first major acquisition has already occurred.  According to Variety, Paramount Pictures has picked up worldwide rights to David Guggenheim's documentary "Waiting for Superman."

A U.S. Documentary competition selection, "Superman" focuses on four kids and their perilous journey through the U.S. education system.  According to the festival guide, Guggenheim "offers hope by exploring innovate approaches taken by education reformers and charter schools - in reshaping the culture - refused to leave the students behind."

The current Paramount publicity and marketing team worked on Guggenheim's Oscar-winning "An Inconvenient Truth" and that may have given them a leg up among other competitors. Like "Truth," the new doc will carry the now seldom used Paramount Vantage label.

The documentary will have its festival debut late Friday afternoon at the Prospector Square Theater in Park City.