Sundance Film Festival by the Numbers: Why Fox Searchlight Makes the Best Bets (Infographic)

Sundance Film Festival by the Numbers: Why Fox Searchlight Makes the Best Bets (Infographic)

Entertainment Media Partners looks at the number of films submitted, the number of first time filmmakers and the box office returns from past festivals’ biggest sales

Scoring a premiere at the Sundance Film Festival can be the difference between an indie movie making it to theaters or languishing in the can, but when it comes to acquiring festival favorites, it's buyer beware.

That's the take-away from a new info-graphic released Tuesday by Entertainment Media Partners, a film consulting company run by  Adam Leipzig, the former president of National Geographic Films.

The company crunched the numbers on Sundance films that were sold for the most money and compared their price tags to their overall box office performance. Although a few films emerged as substantial moneymakers such as “The Kids Are All Right,” others struggled to sell tickets — among them such flops as “Don John” and “The Details.”

In a recent post in Cultural Weekly, Leipzig wrote, “…if we were to do a balance sheet for the Eighth Studio, the indie film industry, it would be bleeding more red than a Nicolas Winding Refn movie. In that way, the Sundance Infographic is also a cautionary tale.”

Also read: How ‘Can a Song Save Your Life’ Scored Toronto’s Biggest Deal: A Bar Fight in a Parking Lot (Exclusive)

Of course, not every company has been burned by the bidding wars that heat up the snow-covered festival. Fox Searchlight has been a particularly astute buyer, making a substantial profit on both “The Kids Are All Right” and “The Way Way Back.” Its gamble on the sex therapy drama “The Sessions” was less successful.

“Does that mean investors shouldn’t bankroll indie movies, and filmmakers should stop making them?” Leipzig wrote in Cultural Weekly.  “Of course not. But I do wish financiers would invest more wisely, with seasoned guidance and a clear plan for distribution beforehand, and that filmmakers would concentrate on crafting far better movies. Creators and audiences alike would be better served with higher quality and lower quantity. The numbers make that abundantly clear.”

The Sundance Film Festival takes place from Jan. 16-26. Start your bidding.

 

Sundance 2014 Infographic

 

  • Jiminy Critic

    BOYCOTT UTAH!!!

  • Fact Check

    Are you kidding me? Focus Features released “The Kids Are
    All Right”, not Fox Searchlight.

    • Typical

      Hahahahaha, they even have Focus in the infochart. So I guess Brent Lang can't even read his own freakin’ chart.

      Oh, and what movie is “Don John”? Never heard of that one.

      Mr. Lang might want to have mentioned though that while Relativity may have overpaid for “Don Jon”, Joseph Gordon Levitt's directorial debut, that the whole point of their large P&A commitment was to establish a relationship with JGL, and that they did. For the amount of porn in that movie, it did quite well and was a good debut for him. So maybe Brent shouldn't be dogging JGL's movie, because I think it's a good move for a company to position a new director like JGL who is extremely talented.

      Curious how much CRYSTAL FAIRY was bought for??? That movie f'ing sucked.