Fox Searchlight has acquired distribution rights to Terrence Malick's Tree of Life from River Road. The film will see release in 2011.
Tree of Life stars Sean Penn and Brad Pitt. Many Oscar prognosticators viewed the film as a potential Oscar contender if it was released this year, so a move to 2011 will certainly hurt that momentum.
Malick is notorious for taking quite a long time to finish his films, and Tree of Life is no different. Many even thought the film would see the light of day in 2009.