Movie streaming services are making a big play at the Sundance Film Festival this year, buying more films than traditional production companies have so far, according to news reports.
Once dismissed by the industry, services such as Amazon and Netflix now benefit from more respect from filmmakers who want their work to be seen — movie theater or not.
Amazon, which bought “Manchester by the Sea,” a drama starring Casey Affleck, for $10 million, has purchased four films since the festival began. Netflix has purchased three, the paper reported.
More Must-Reads From TIME
- Inside the White House Program to Share America's Secrets
- Meet the 2024 Women of the Year
- East Palestine, One Year After Train Derailment
- The Closers: 18 People Working to End the Racial Wealth Gap
- Long COVID Doesn’t Always Look Like You Think It Does
- Column: The New Antisemitism
- The 13 Best New Books to Read in March
- Want Weekly Recs on What to Watch, Read, and More? Sign Up for Worth Your Time
Write to Katie Reilly at Katie.Reilly@time.com