Missed this in time for the submission deadline, but interesting to note that Sundance has added a new section for no-lo budget films it’s calling NEXT (represented by the symbol < = >). How these play at the festival will be a great experiment- will they be assessed on the same merits as other films or given a handicap? Given that the ultra-low budget level seems likely to emerge as viable (or even dominant?) in a troubled time for the industry, and given that these films don’t need distribution of the traditional sense to break even, there may be a new paradigm beginning to emerge right in the epicintre of indie buying buzz.

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