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Or might a looming entertainment-industry writers strike stoke a feeding frenzy among content-hungry streamers and studios?
Ultimately its the same as it ever was, says one veteran film financier.
Every year, everyone says, We have a ton of money.
Or, We have no money.
Everybody runs their business and manages their spending.
Inevitably there are one or two things that no one can sit still until they have.
Theres the magic of Sundance: the magic movies, in-person gossip, creativity.
Its a festival of discovery.
Its why we go regardless of how cynical people in L.A. or New York are before they arrive.
Searchlight, with its explicit commitment to theatrically distributeTheater Camp, landed worldwide rights for $8 million.
(Joseph Gordon-Levitt dials in a supporting role as her guitar teacher.)
But this is great that were seeing Searchlight and Sony Pictures Classics come back to the table.
Im negotiating with [theatrical distributors names redacted] on things.
Its back to hybrid streamer plus theatrical deals.
Im happy were coming back to that.