By Russ Fischer/Sept. 9, 2010 9:50 am EST

So: no Oscar possibilities for Malick’s movie this year, but that’s not really a worry to anyone but Oscar pundits. I’m just happy that we’ve got real, reliable word that the film will actually see release. This could also mean the effective end of Apparition, which laid off most of the rest of its staff this week. (Remember a year ago, when Apparition seemed like it might be a viable new force on the indie scene? How quickly things change.)

And here’s the film as Searchlight describes it:

The only thing here is that, because Searchlight is most likely going to treat the film as a serious awards contender, we’re not likely to see the release date be any earlier than next fall. So most people will probably have to wait another year for The Tree of Life; we can just hope that it plays at Cannes and other festivals earlier in the year.

From the acclaimed director of such classic films as Badlands, The Thin Red Line and Days of Heaven, The Tree of Life is the impressionistic story of a Midwestern family in the 1950’s chronicling the journey of the eldest son, Jack (played as an adult by Sean Penn), through the innocence of childhood to his disillusioned adult years – trying to reconcile the complicated relationship with his father (Brad Pitt). Jack finds himself a lost soul in the modern world, seeking answers to the origins and meaning of life while questioning the existence of faith.