This edition of the Sundance Film Fest, now in midway, is seeing mega-deals, proving that it’s a seller’s market again.
The need for contents is shared by all segments of the film industry, not only the two giant streaming companies, Netflix and Amazon.
Mindy Kaling’s comedy “Late Night” scored a $13 million pact for U.S. rights.
Adam Driver’s political thriller “The Report” earned a $14 million global deal.
Blinded by the Light, sort of a tribute to Bruce Springsteen, sold for $15 million worldwide.
These mega deals are surprising, because the indie art boutiques of the main Hollywood studios had been more conservative in recent years.
There were big misfires, such as Fox Searchlight with the controversial “The Birth of a Nation” and “Patti Cake$,” which took Sundance by storm only to crash at the box-office when they hit theaters, albeit for different reasons
