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Indie Filmmaking Is Surging Despite the Odds

by Peter Bart.

As weary festgoers departed Sundance last weekend, my thoughts turned not to the winners, who reaped the accolades and the distribution deals, but to the roughly 4,000 losers — all those who engaged in the melee with lofty expectations and equally lofty credit-card bills.

Sundance, after all, is an exercise in fiscal self-immolation masked as a film festival.

But each year, the festival raises a question: Why are more and more indie films getting made in defiance of all the warning signs? The majors released only 120 films last year vs. 204 in 2006, whining all the way about shrinking margins. Now look at the indies: The New York Times published some 900 film reviews last year (75 more than the year before), most of them of indie pictures. Variety last year carried 1,080 reviews.

Read the rest of this article from Variety.

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