sundance

Sundance 2023 Delivers an Aura of Studio Excitement and Powerful Films

Ben Friedman

Now following the success of CODA, the 2023 Sundance Film Festival became the topic of far greater anticipation. Given that Apple paid 25 million dollars for the rights to release CODA on its streaming service, film studios responded by bringing deep pockets to this year’s festival. Many of the festival’s popular entries such as Flora and Son and Fair Play sold as high as $20 million to Apple and Netflix, respectively.

Buyers Jockey for Indie Films at Sundance

Piya Sinha-Roy and Lisa Richwine

Evolving movie-watching habits have brought new buyers in recent years, with Netflix and Amazon.com Inc leading the march of digital outlets to Sundance. The streaming services had started to outbid Weinstein Co for standout films. Filmmakers prospered as Amazon paid $12 million for “The Big Sick” and Netflix paid $12.5 million for “Mudbound” in 2017. This year, it was unclear whether those outlets will replace Weinstein as the pacesetters.

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