With Few Deals, Sundance Leaves Buyers Cold As Streaming Services Retreat - News Summed Up

With Few Deals, Sundance Leaves Buyers Cold As Streaming Services Retreat


2018 Getty ImagesAs Sundance Film Festival draws to an end, filmmakers may be wondering where the dollars went. Since 2015, deep-pocketed digital distributors have inflated the average price of scripted film rights at Sundance. The movie grossed $55.8 million worldwide and earned a Best Original Screenplay Oscar nomination. Last year, it paid $9.5 million for Patti Cake$, only for it to gross just north of $1 million worldwide. Its previous misfires purchased as Sundance include The Birth of a Nation, which grossed $15.8 million domestically and failed to recoup its $17.5 million Sundance pricetag.


Source: Forbes January 26, 2018 21:18 UTC



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