Sundance Infographic 2015: Dollars & Distribution
$4.6 Billion Invested in Indies; Nearly All Festival Films Get Distribution
Congratulations Sundance filmmakers! You have a 4 in 5 chance of getting a distribution deal.
That’s one key finding from our data-crunching preparation for the 2015 Sundance Film Festival. As recently as 2010, getting distribution at Sundance was rare. In that year, as in years prior, only about 10 percent of the movies got deals. But then came the Great Digital Shift, with the explosion of Netflix, Hulu, Amazon Prime, iTunes and other opportunities for video on demand. We may now predict that more than 100 of the 124 feature films at Sundance this year will get some form of distribution opportunity.Read More
Independent Films Achieve Over $1 Billion Internationally
Independent films licensed internationally through the major US-based sales agencies generated an estimated $1.152 billion in 2014, according to Jeremy Kay’s reporting at Screen International. As one source comments, “For the most part the market was solid. If you can control your production costs then you’ve got a shot.” Read more here.
And the Academy Award Goes to… Independent Films
Independent films achieved the lion’s share of Academy Award nominations. The Oscars will be awarded on Sunday, February 22.
This year, the numbers are truly remarkable, and show the amazing strength of independent filmmaking. Seven of the eight Best Picture nominations, all of the Best Directing nominations, 18 of the 20 Best Acting nominations, 9 of the 10 Screenplay nominations and 4 of the 5 Editing and Cinematography nominations went to indies.Read More
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