Last week we shared an exclusive outtake from Paradise Lost 3: Purgatory, the third film in filmmakers Joe Berlinger and Bruce Sinofsky's trilogy chronicling the case of Damien Echols, Jessie Misskelly, Jr., and Jason Baldwin, the three young men falsely accused and imprisoned for murdering three young children in West Memphis, Arkansas, in 1994. Known as the West Memphis 3, the young men have been the subjects of a number of documentaries, most recently the Peter Jackson and Fran Walsh-produced West of Memphis, which had its Sundance debut just today. The film incorporates some new information that may identify a new suspect in the case.

As a manager and partner at 4AM DJs, I’m constantly arranging performances, events, and photo shoots around the world. Every day, I get reports back from my DJs filled with stories about the kinds of wild adventures I rarely get to be a part of as a desk jockey. The people who flock to these stellar international events get to experience the end result of months of prep, but do they really know what a day in the life of a DJ is like? In this monthly column, you'll hear first-hand accounts of DJ war stories, with photos and videos from the world’s best to show for it. In this fourth 4AM DJ Tour Diary, you'll read about DJ Theory's wild few days in Park City for the Sundance Film Festival, where he spun at our Sunday Funday party at Tao. Yours truly, Adam Alpert.

Movieline reported today that Spencer Susser's debut film, Hesher, has sold to Newmarket for a cool $7 million. A dark dramedy about death, a fractured family, and the bonds of friendship, Hesher stars Joseph Gordon-Levitt as the titular character, a violently anarchistic loner who embeds himself in a grieving family. According to Deadline, Newmarket committed to the film after Hesher "received a rousing reception" from a paying audience outside of the festival. But all the critics who saw it? They didn't think it was very good. Who cares about critics anyway!

Paris Hilton has left Park City, and we're guessing took all of the ecstasy with her. But without some E floating around, the Sundance Film Festival would simply be the Sun Film Festival, so two new movies that revolve around the drug had their premieres just in time. Sadly, they don't seem to be that good.

So we’re five days in, and already a number of stand-out films are sucking up the lion’s share of this year’s Sundance glory. Here are the (figurative, not prize) winners so far:

If the word out of Sundance is to be believed, then very. Buried is a thriller in which Reynolds gives the only onscreen performance. That's because he plays a U.S. contractor who wakes up in a coffin, buried alive. He has a cellphone, a lighter, and 90 minutes of air left (which is coincidentally the film's running time). Last week MTV hosted the teaser and a short clip, and yep—there was a freaked out Ryan Reynolds, lying in a coffin, talking on a cellphone. The average moviegoer might wonder how even the most gifted of filmmakers could stretch this concept out for an hour and a half, but what the average moviegoer doesn't know is that Buried appeared on the 2009 Blacklist, a list of the best unproduced screenplays in Hollywood. The film finally screened at Sundance over the weekend, and not only was it the subject of a studio bidding war (which Lionsgate eventually won for $3.2 million), but people are calling it a major achievement and a potential word-of-mouth phenomenon. Some choice words after the jump.

To quote LL Cool J, “don’t call it a comeback!” Joan Jett and the Black Hearts never officially called it quits, but the mood at Harry O’s in Park City Saturday night was sufficiently electric to suggest a long overdue reunion. The group was there to celebrate the Sundance premiere of The Runaways, chronicling the rise and fall of the eponymous 70’s girl group. Having rocketed to fame on the strength of hits like Cherry Bomb, the teenaged band ultimately imploded due to infighting between guitarist Jett and lead singer Cherie Curie. In the film they’re played by Kristen Stewart and Dakota Fanning respectively, and both were on hand for Saturday’s performance. After Jett ran through a tight set of familiar favorites—Naked, Crimson and Clover—she pulled the two actresses, along with Curie, onto the stage for a few moments and very nearly brought the house down in the process. Trailer and footage galore after the jump!

Glossed over this morning: Kristen Stewart's meaty role as a stripper in Welcome to The Rileys and what it could mean for the actress' career in the long haul. Rileys is one of two flicks Stewart has at the Sundance Film Festival. It premiered yesterday and in tandem with The Runaways, the flick may do the unlikely for Stewart: Put her on the fast-track to Hollywood's hottest leading lady. Mostly because both stand to give her significant indie clout. But, Kristen Stewart as the next Queen of Indies? It may be a difficult coup, especially with Parker Posey, Maggie Gyllenhaal, and Chloë Sevigny holding fast to the title. Then again we are in a world where Sandra Bullock remains thisclose to Oscar gold.

Park City regulars weigh in on how to cope

Drumroll please! The first big sale of the 2010 Sundance Film Festival is …Waiting for Superman, which went to Paramount yesterday. If you haven’t already heard of it—and chances are you haven’t—it’s a documentary about America’s public schools. This may not initially sound like the kind of thing to get distributors salivating, but consider director Davis Guggenheim’s track record: not only did he helm Al Gore’s stately cri de coeur An Inconvenient Truth, but also the recent rock-doc It Might Get Loud, showcasing legendary axe-men The Edge, Jimmy Page, and Jack White.