Feb 2, 2024 - Economy

On our watch list

photo of a young man holding an award

Director Sean Wang at the 2024 Sundance Film Festival in Park City, Utah. Photo: Matt Winkelmeyer/Getty Images

Sean Wang won the U.S. dramatic audience award at the Sundance Film Festival for his feature debut "Dìdi (弟弟)" — little brother in Chinese — a coming-of-age story, Hope writes.

Why it matters: The institute behind the Park City, Utah, festival has helped to launch the careers of many top Hollywood filmmakers, including Ava DuVernay and Steven Soderbergh.

  • Previous films that have won the same award include "CODA" and "Whiplash," which eventually grabbed numerous Oscars.

The big picture: Critical praise aside, independent titles need to find buyers and Sundance also serves as a market.

  • Sales at the festival this year appeared on pace with last year, Sundance Institute CEO Joana Vicente told Marketplace.
  • Among them is "Dìdi (弟弟)," which was picked up by Focus Features.
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This story was an excerpt from Axios Closer, a recap on the day's biggest business stories.

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