A few months out from the festival, acquisitions of films that premiered at Sundance 2012 haven’t let up. Sony Pictures Worldwide announced today that they’ve acquired U.S. and Canadian rights to Jonathan Kasdan’s (In the Land of Women) The First Time. The film takes place over the course of one weekend and follows two high school students who fall in love. Though the logline may sound trite, the film picked up considerable notice at Sundance and drew comparisons to John Hughes’ filmography. Kasdan wrote and directed the pic, which stars Dylan O’Brien, Britt Robertson, Victoria Justice, and Craig Roberts.Hit the jump to read the full press release, and if you missed it check out Steve’s interview with Kasdan in which the filmmaker discusses the influence of Richard Linklater’s Before Sunrise, injecting his personal experiences into the film, and more.the-first-time-movie-image-craig-roberts-lemarcus-tinkerHere’s the press release:

Culver City, CA (March 21, 2012) – Sony Pictures Worldwide Acquisitions (SPWA) announced today they have acquired all U.S. rights and Canadian ancillary rights to Jonathan Kasdan’s teen romancer and 2012 Sundance Film Festival crowd pleaser THE FIRST TIME, produced by Friends with Benefits’ producers Martin Shafer and Liz Glotzer.

THE FIRST TIME is a high school romance that follows two teenagers over the course of one weekend. Dave, a senior about to graduate, and Aubrey, a junior from a different school, meet one night at a party. What begins as a casual conversation soon turns into something more intimate, more romantic, and more complicated than either of them is ready for.

The film stars up-and-comers Dylan O’Brien (“Teen Wolf”), Britt Robertson (“The Secret Circle”), Victoria Justice (Paramount’s upcoming Fun Size), Craig Roberts (Submarine), James Frenchville (Animal Kingdom), LaMarcus Tucker (“Glee”), and Maggie Elizabeth Jones (We Bought a Zoo). Christine Taylor (Dodgeball: A True Underdog Story) also stars.

THE FIRST TIME is written and directed by Jonathan Kasdan (In the Land of Women) and executive produced by Carol Fuchs and Liah Kim.

“We are absolutely thrilled to be bringing THE FIRST TIME to Sony Pictures Worldwide Acquisitions and to begin working with them on a fresh, funny, and inventive approach to reaching our audience. Their enthusiasm for the movie, and for its young stars, makes them the ideal partner,” said Kasdan.