The annual Sundance Film Festival kicked off this week in Park City, but despite the buzz surrounding the event, the indie distribution landscape is changing. Filmmakers are not profiting from festival exposure like they were only a few years ago, and some are choosing to deliver movies directly to an audience on smaller screens. Many independent films, even those that get scooped up at festivals, run the risk of not making it to theatrical distribution. Continue reading Sundance: Some Indie Films are Opting for Smaller Screens

The Tribune Company has agreed to pay about $2.73 billion to acquire all 19 television stations from Local TV Holdings, which is owned by investment firm Oak Hill Capital Partners. Tribune, which already owns 23 local TV outlets and is looking to possibly sell some or all of its newspapers, will become one of the country’s largest station groups through the deal (and the biggest holder of Fox affiliates). The 19 stations cover areas from Scranton to Salt Lake City. Continue reading Tribune to Acquire 19 Local TV Stations in $2.7 Billion Deal