Independent film market rebounds at Sundance Film Festival
Fri, 01/28/2011 - 21:08 EDT - LA Times
After a dry stretch when many movies went unsold, distributors have snapped up as many as two dozen pictures at this year's Sundance festival.The festival market for independent films has rebounded after several years in the economic doldrums.
Park City (United States) (AFP) - For three decades, it's been America's premier independent film festival. But this year more than ever, there is talk at Sundance of the blurring divide between movies, television and online.
The 27th Sundance Film Festival opens this week aiming to defy the economic slowdown by screening a bigger than ever selection of independent movies from the US and around the world.Founded by Robert Redford as a mecca for independent film and an alternative to the Hollywood machine, the festival ironically now attracts huge interest from the commercial industry's scouts, looking for new talent and ideas.This year's 10-day festival, which opens Thursday in Park City, Utah, will show nearly 120 films from 29 countries -- including 40 first films and 95 world premieres.
Amazon’s “Transparent” recently became the first online streaming TV show to receive a Golden Globe award for the best series in television category. The comedy series bagged two Golden Globes to vindicate CEO Jeff Bezos’ tendency to diversify and explore new options. After Amazon’s Golden Globe success, few expected the world’s largest online retailer not to capitalize on its newly discovered entertainment acumen.
Films will be packaged under the Sundance name and offered for viewing on some of the Internet's biggest video platforms, including iTunes, Amazon.com, Hulu, Netflix and YouTube.It's hard enough to get into the Sundance Film Festival — more than 10,000 features, documentaries and shorts were submitted for just a few dozen slots in this year's festival. But it's almost equally hard to leave the nation's top gathering for independent film with a distribution deal.