Netflix paid $12.5 million for "Mudbound" at Sundance 2017.
Photo by Steve Dietl/Netflix via AP
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
For the first time in three decades, producer Harvey Weinstein will not be trudging down Park City's snowy Main Street during the Sundance Film Festival, leaving the independent movie festival marketplace without its most-watched tastemaker.Evolving movie-watching habits have brought new buyers in recent years, with Netflix and Amazon.com Inc. leading the march of digital outlets to Sundance.The streaming services had started to outbid Weinstein Co. for standout films.Netflix also is investing in bigger-budget movies, although Bricke said it remained interested in independent films.Netflix focuses on streaming movies simultaneously to members in more than 190 countries with only limited theatrical runs.Independent films will remain a key part Netflix's slate of 80 original films this year, Bricke said.
FOLLOW THIS ARTICLE