It may have been in the single digits in snowy Park City for this year’s Sundance Film Festival, but deals defrosted at the first in-person festival since 2020.
Movies came in with distribution in place, others saw heated late-night auctions with tens of millions of dollars mobilized, and more sales are yet to come.
The film that won the Sundance dramatic Grand Jury Prize, A.V. Rockwell’s A Thousand and One, arrived at the festival under the comforting wing of Focus Features.
For others that chose to wait, it really paid off. inked a mega-deal with Netflix and with Apple – for around $20 million and $25 million, respectively – as a cluster of sales reflected appetite from streamers and traditional distributors.
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