Sundance Selects has picked up comedy “Colin Fitz Lives!” for VOD release next month.Helmed by Robert Bella, “Fitz” screened in competish at Sundance in 1997 and has since been seen in fests including the Austin Film Fest, where the pic scored the top feature prize. William H. Macy, Martha Plimpton, John C. McGinley (“Scrubs”), Matt McGrath and Mary McCormack (“In Plain Sight”) are among the thesps in the cast. Penned by Tom Morrissey, story follows two security guards hired to stand watch over the grave of a dead rock legend. Sundance Selects, one of IFC’s three release platforms, will put out a new cut of “Fitz” that includes previously unseen footage and new music recordings. Acquisition deal was negotiated by Sundance Selects’ Arianna Bocco with Bella. “Fitz” hits Sundance Selects, which is available in some 40 million homes, Aug. 4. Theatrical bow of the movie’s new cut will play July 15 as the closing night pic of the LOL-SF Film Fest in San Francisco, followed by an L.A. screening Aug. 5.