• Netflix screened eight films, breaking its own Sundance record: Hasting's mega-service also purchased a $5 million deal for documentary "Icarus," one the most expensive nonfiction film to date
  • Amazon dropped $12 million for "The Big Sick," as well as distribution rights to three other films, beating out their Oscar-nominated investment in Manchester by the Sea last year for $10 million.

Why it matters: Digital companies investing big dollars in content to distribute marks a major shift for the movie business. Per CNET, streaming companies screened more projects at the festival this year than ever before, and Sundance creatives responded accordingly. This year more than ever, a swell of films with niche creative flooded the scene in Utah, frustrating commercial studios, who rely on broad, thematic pieces to captured large, national audiences.

Who's winning? As of now, Amazon, but that could change given Netflix's big investment this year. Last week, Amazon beat Netflix to become the first streaming company to own a film nominated for an Oscar best picture. Their win followed financial gains over Netflix at the box office in 2016. Amazon released Manchester by the Sea to theaters traditionally, making $36 million at the box office. Hastings released Beasts of No Nation in theatres and on his streaming app simultaneously, bringing in a dismal $91,000 at the box office.

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Ilhan Omar wins Minnesota primary

Photo: Stephen Maturen/Getty Images

Rep. Ilhan Omar (D-Minn.) won the Democratic primary against lawyer Antone Melton-Meaux on Tuesday evening, AP reports.

Why it matters: The race is one that's played out across the U.S. as progressives continue to sweep party nominations. Omar's win officially means all four progressive members of "The Squad" have won their primary elections.

Updated 2 hours ago - Politics & Policy

25 face felony charges after downtown Chicago hit by looters

Police officers inspect a damaged Best Buy in Chicago that was looted and vandalized. Photo: Scott Olson/Getty Images

Local police officers are seeking felony charges in 25 cases following the arrest of 100 people in the wake of widespread looting and property damage in Chicago on Monday, per the Washington Post.

Driving the news: Law enforcement said the event involving hundreds of people was a coordinated response after an officer shot a suspect Sunday evening, according to CBS Chicago.

Marjorie Taylor Greene wins Georgia's 14th district runoff

Photo: Elijah Nouvelage / Getty Images

Gun-rights activist Marjorie Taylor Greene defeated physician John Cowan in a runoff election for the Republican nomination in Georgia's deep-red 14th Congressional District on Tuesday, AP reports.

Why it matters: Greene, a vocal QAnon conspiracy theorist who has been condemned by GOP leaders for making multiple offensive remarks about Black people, Jews and Muslims in Facebook videos, is likely to win a seat in the House come November.