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Sundance Film Festival 2008 – 5 Key Tendencies and Must-Knows for Indie Administrators and Producers

The Sundance Ventura Film Festival, however firmly in its mid-twenties and struggling all the anticipated crises, is one of the world’s most important cinema venues. It is been claimed that what performs well up while in the mountains of Park City this year are going to be trickling in to the Hollywood mainstream because of the summer months immediately after following. If this can be legitimate, the 2008 iteration in the competition leaves us that has a large amount to consider. Listed below are 5 items to chew on as American motion pictures deal with what on earth is very likely a pivotal year.

5. Issues in Hollywood is just not necessarily superior information for indies. In the outset in the festival the Writer’s Guild strike dominated discussion. Prognosticators anticipated a acquiring frenzy at Sundance 2008 as studios searched nervously for films to fill their probably vacant release slate. Having said that, for the similar time, pundits were rapid to issue to very last year’s rampant overspending and predicted potential buyers could be careful.

So, what took place? Not substantially. Immediately after an preliminary worry, more than $25 million really worth of specials ended up inked at Sundance ’08. Even though this pales when compared on the $53 million forked more than at Sundance ’07, we are able to take into account 2008 like a return to sanity.

4. Of the 17 movies offered at Sundance…eight had been documentaries. Actually, many of the movies to offer in the ordinarily frantic first weekend at Sundance were documentaries, top numerous to consider that this year’s marketplace will be a bust. But whether or not price ranges ended up down a bit for dramas, critics and audiences concur which the American documentary is as vital as ever, as well as following the disappointing box-office functionality of last year’s Sundance docs (MY Child COULD PAINT THAT, Inside the SHADOW With the MOON) there exists nonetheless an exceedingly healthy market place.

3. The Webolution is just not becoming webcast. “The writing is about the wall-the sector will have to adapt to new media or encounter extinction. Present-day studios and independents are finally embracing the challenge of porting material and profits to new distribution methods. Sign up for Hollywood electricity brokers and new media superstars to discuss their procedures to the Internet.”

Which is through the official Sundance Movie Pageant Information as well as introduction towards the much-buzzed about panel “Webolution!”. Netflix, Veoh.com, Joost.com, Hulu.com, the MPAA, and MTV ended up all represented.

Sadly, nothing at all was solved.

The big take-away: the US needs to do more to inspire the sort of usage of significant velocity web the rest of the made earth enjoys. Some commentators have stated, in comparison to Europe, Japan, and Korea, the US is usually a “broadband third planet.”

Irrespective of the panel and also the panic regarding the web, this 12 months Sundance is scaling back again its on the web choices. Its Online Film Pageant, introduced in 2001, has all but disappeared. In 2007, Sundance’s internet site available practically 50 movies continually over the class of the festival; this yr, it will clearly show only one for each on the festival’s ten days.

two. Who genuinely policies Sundance and why is it that no-one likes Sony Photos Classics? There are rumblings for a variety of many years since revenue agents (or brokers) may have a small a lot of pull at Sundance. Dealmakers like Cinetic Media, William Morris, Submarine Enjoyment, along with the CAA (Imaginative Company Artists) occur to Sundance to depict filmmakers and also to gas the bidding war furnaces. Does a Cinetic stamp of acceptance get you into Sundance? Most likely not, however the yearly Cinetic Sundance Bash is certainly in which you want for being the moment you receive there.

This year the brokers had Sony Pics Classics’ number. Even though Fox Searchlight and Target films paid probably the most for films ($10M for HAMLET 2, and $5M for CHOKE, respectively), SPC was the most energetic, snapping up 3 dramas this yr: FROZEN RIVER (repped by William Morris Agency), BAGHEAD (repped by CAA), along with the WACKNESS (repped by Submarine Amusement). So why are bloggers up in arms? Sony Pictures Classics features a horrific track document releasing and marketing Sundance movies (JUNEBUG, LAYER CAKE, PERSEPOLIS), and it can be predicted that SPC will fumble these crowd favourites.

This aspect of Sundance has usually acquired lots of chat, but this year it appears for being getting, predominantly many thanks on the efforts of bloggers, the sort of scrutiny that can assistance it experienced consistent with Sundance’s inventive aspirations.

1. New American Realism equals… prescription drugs? For critics, commentators, and many bloggers, there was a lot to rejoice at Sundance 2008. Manohla Dargis (Big apple Instances), tweaked to what she known as the “emergence of a new American realism,” praised the Sundance crop this year for pointing a method beyond the twee and solipsistic, the mainstays of Sundance Film Festivals earlier. But in the similar time, Todd McCarthy, in Range, can’t help but touch upon what number of movies this year attribute characters seeking, failing, succeeding, or contemplating about getting substantial. American documentaries could be from the midst of the renaissance, as well as the injustices of the environment may possibly call for even closer scrutiny, although the stories The us is telling by itself appear stranded between a determined holding limited to your bare bones of expertise as well as wisps of self-delusion.