Instant Alert: 'We're shooting bullets but they're using machine guns!" Netflix and Amazon outspent everyone at Sundance — here are the films they dropped millions on

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'We're shooting bullets but they're using machine guns!" Netflix and Amazon outspent everyone at Sundance — here are the films they dropped millions on

by Jason Guerrasio on Jan 29, 2016, 2:06 PM

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The 2016 Sundance Film Festival will go down as the year the streaming giants took over.

Even before the festival began both Netflix and Amazon were aggressive with pre-buys, but then when everyone touched down in Park City, Utah, they kicked it up a notch.

Though the traditional indie distributors tried to put up a good fight — like Fox Searchlight, which broke a Sundance record with a $17.5 million deal to acquire one of the hit films from this year’s fest, “Birth of a Nation” — it’s more than evident that Netflix and Amazon’s checkbooks were much larger than anyone else's.

As one source at a theatrical distributor told Business Insider during the fest, “We are shooting bullets but Netflix and Amazon are using machine guns.”

Here’s a breakdown of all the movies you’ll be seeing on Netflix and Amazon in the coming year.

SEE ALSO: Here's what it's like to experience the star-studded Sundance Film Festival up close

"Tallulah" - Netflix ($5 million buy)

This mother-daughter drama starring Ellen Page and Allison Janney was one of the titles nabbed by Netflix before the festival began. Theatrical rights for the movie are still in play, as Netflix only took worldwide streaming rights. 

[Source]



"Complete Unknown" - Amazon ($2 million buy)

Amazon also got in on the fun before the festival began and bought this film which stars Rachel Weisz and Michael Shannon as two strangers who meet at a dinner party. Amazon is planning a fall release and looking for a theatrical partner. 

[Source]



"The Fundamentals of Caring" - Netflix ($7 million buy)

Netflix wasn't done with the early buys. It also grabbed this drama starring Paul Rudd and Selena Gomez. 

[Source]



See the rest of the story at Business Insider


 
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