Legendary guitarist Slash (Guns N’ Roses, Velvet Revolver) has had his first picture acquired for his horror production company, Slasher Films. Anchor Bay Films picked up Nothing to Fear at Sundance today, a film based on the legend that the town of Stull, Kansas is actually one of seven gateways to Hell. This premise explains the promo poster, which you can see after the jump. Nothing to Fear will be directed by Anthony Leonardi III, the creature designer and storyboard artist for such films as Constantine and 47 Ronin.
Also, two documentaries had their North American distribution rights picked up. Magnolia Pictures grabbed The Queen of Versailles, Lauren Greenfield’s (Thin) take on billionaires Jackie and David Siegel as they build America’s largest house (90,000 sq ft) and watch it collapse with the market. Magnolia is planning a summer release. Sony Pictures Classics acquired domestic rights to debut director Malik Bendjelloul’s Searching for Sugar Man, a tale of 1970’s undiscovered rock icon, Rodriguez, and how his disappearance inspired two South African fans to seek him out. Hit the jump for press releases on each project. Click here to get caught up on all of our Sundance 2012 coverage.