After dominating Sundance for 2 years, Netflix and Amazon bought 0 movies at the festival — insiders told us why
|01/29/2018||Posted by BusinessMediaguide.Com under General World News||
- Amazon Studios and Netflix didn’t buy any movies at this year’s Sundance Film Festival.
- This is a shocking result compared to the last two years when both companies were on a spending spree at the fest.
- Industry insiders told Business Insider one of the reasons for this sudden halt was that both companies are less interested in independent films — and filmmakers are looking for traditional theatrical deals.
There were a lot of smiles around Park City, Utah, during this year’s Sundance Film Festival, and it wasn’t everyone enjoying the clean mountain air. The lack of buying activity by Amazon Studios and read more >>>