A hot title and potential Oscar contender is stirring up excitement on the film festival circuit: Tim Fehlbaum's suspenseful drama, "September 5." If a studio is up for adding another worthy awards contender to its roster, this film could go far with the right guidance.

The film, which received excellent reviews in both Venice and Telluride, could have a significant impact given its timely and compelling story. Set on September 5, 1972, it portrays the international hostage crisis surrounding the Israeli Olympic team as it unfolded live on worldwide television. However, the story is told from the broadcasters’ perspective. The costume drama features a talented ensemble cast, including John Magaro, Peter Sarsgaard, Ben Chaplin and Leonie Benesch.

“September 5” is a taut, tense thriller, and even if you've seen (and hopefully loved) Steven Spielberg's “Munich” (2005), this retelling is more than worth seeing, reminiscent of previous Oscar winners like “Spotlight” and “All the President's Men.”

Read: You can see all Academy Award predictions in all 23 categories on one page on the Variety Awards Circuit: Oscars