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Sundance documentaries see strong buyer interest despite market consolidation

Sundance 2024 showcases market for independently made documentaries.

The 40th edition of Sundance showcased the enduring demand for independent documentaries, even in the face of corporate consolidation in the industry. While sales have been limited thus far, there has been significant buyer interest in two celebrity-centered documentaries: 'Super/Man: The Christopher Reeve Story' and 'Will & Harper,' featuring Will Ferrell. In addition, numerous other documentaries have attracted healthy interest from potential buyers.

According to Josh Braun, a sales agent from Submarine Entertainment, the market for documentaries had been sluggish six months ago, leading to concerns heading into Sundance. However, there is now a renewed sense of optimism in the industry, with a resurgent pulse. Braun notes that although no deals have been closed yet, four of Submarine's films have received offers, a notable improvement compared to the previous year.

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