UPDATED with official confirmation: New Line has confirmed Deadline’s scoop that it has acquired Blinded By the Light after its big Sundance Film Festival bow, and that it is eyeing a release for the Gurinder Chada-directed pic sometime in 2019. The studio’s announcement Friday can be found below our original break.

PREVIOUS EXCLUSIVE, January 28 AM: In yet another all-night deal auction at the Sundance Film Festival, New Line and Warner Bros are acquiring for $15 million for worldwide rights, minus a a few territories, the Gurinder Chada-directed Blinded By the Light. The film killed at its packed premiere Sunday night at Eccles and tells the story of a Muslim teen in 1987 Britain who learns to live life, understand his family and find his own voice through the music of Bruce Springsteen. Like 16 songs worth of the Boss’ coming-of-age songs.

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A big wide release is planned for the pic starring Viveik Karla, Nell Williams and Hayley Atwell. New Line and Warner Bros won an auction rumored to have included Fox Searchlight, Lionsgate and others. It is the biggest sum paid for a Sundance film so far in what has turned out to be a very hot market.

Endeavor Content brokered the all-night deal, and ICM Partners reps Chada.

eOne already had pre-bought UK, Australia and New Zealand on the film.

The deal is both New Line and Warner Bros, the latter of which will market and distribute the film. Release details still are being decided, but they’re looking at a possible summer berth. The studio has been doing well in a variety of avenues, from Crazy Rich Asians and A Star Is Born to the Peter Jackson WWI documentary They Shall Not Grow Old.

Some of the allure of Blinded by the Light had to do with the surprisingly universal appeal of Springsteen’s coming-of-age tunes, which tell honest stories about a hardscrabble upbringing, ambition and the fight to break free of all shackles to do something worthwhile with one’s life. Chadha wrote the script with Sarfraz Manzoor and Paul Mayeda Berges.

The film was financed by Levantine Films was produced by Chada, Jane Barclay and Levantine’s Jamal Daniel. The exec producers are Tory Metzger, Renee Witt, Peter Touche, Stephen Spence, Hannah Leader, Tracy nurse and Berges.

The film revolves around Javed, a 16 year old Pakistani boy growing up in Margaret Thatcher’s England in 1987, in the town of Luton. His father’s recent job termination and the neighborhood skinheads are a daily reminder of the difficult times he’s living in. What young Javed really wants is to be a writer — something his father doesn’t approve of or understand — and when a new friend loans him a few Bruce Springsteen cassettes, Javed is changed forever. The Boss’ working-class anthems and affirming lyrics seem to speak directly to Javed, emboldening him to find his own voice as a writer, stand up to the racism around him and challenge his father’s rigid ideals.

Based on the memoir Greetings from Bury Park by journalist/writer Sarfraz Manzoor. Manzoor is even more of a Springsteen fanatic than I am, and he’s been to about 150 shows. Landing the rights to use that many songs from an artist as major as Springsteen is a blockbuster proposition. But Springsteen has been in a very introspective mode with his autobiography and Broadway show, and the filmmakers met Springsteen and charmed him enough to bless the project and make it possible to feature his songs.

Springsteen didn’t take part in last night’s Park City premiere as had been rumored; Chada told the crowd that the Boss didn’t want to overshadow the proceedings and take the focus away from the film. His support certainly will help the picture as New Line and Warner Bros roll it out in that wide release this year.

For New Line, it’s the first Sundance acquisition since the docu Batkid Begins. At the time, New Line released the docu about the ailing little boy in San Francisco, for whom the city turned the metropolitan area into Gotham City, with the child thwarting villains in the Batmobile. New Line also captured narrative remake rights, and while that hasn’t happened, the ultimate happy ending did: The youth’s cancer is in remission.

Here’s the release confirming the deal: