Founder, CEO, and Editor in Chief of TheWrap, Sharon Waxman reports on perceptions of the faltering independent film business model at the 2024 Sundance Film Festival. Waxman points to a few issues contributing to the struggling business, such as declining streamer interest in independent film, cautious distributors concerned over securing streaming rights for their films, and the contracting enthusiasm from wealthy backers of independent film. The shifting buyer presence at Sundance is discussed, including the perspectives of producers and executives at the festival—and feedback from Iyabo Boyd (founder of Brown Girls Doc Mafia), on how this affects people of color in the industry.
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