Netflix and Amazon dropped millions on these Sundance movies everyone will be talking about

The two streaming giants, Netflix and Amazon, were both busy for a second straight year at the Sundance Film Festival ending this weekend, and both took some of the most talked-about titles at the fest.Following its $10 million buy of current Oscar best picture nominee Manchester by the Sea last year, Amazon has come back to Park City with a bigger wallet. The company bought the comedy The Big Sick for $12 million, the biggest buy of this year's fest. Meanwhile, Netflix has taken some of the most coveted documentaries at the fest, like Chasing Coral and Icarus.Though a few of the traditional distributors have also grabbed some big fish from the fest, filmmakers are clearlygravitating toNetflix and Amazon.Heres a breakdown of all the Sundance movies Netflix and Amazon bought that will be showing on their services later this year (plus a few of the standout buys from other distributors):SEE ALSO:Inside Matthew McConaughey's new movie that became plagued with disaster'Berlin Syndrome' ' Netflix ('Low-to-mid seven figures' buy)This thriller about an Australian photographer who finds herself unable to leave the apartmentof her romantic encounter will be getting a North American theatrical release through Vertical Entertainment before it goes to streaming on Netflix.Source 'The Big Sick' ' Amazon ($12 million buy)Produced by Judd Apatow and starring Silicon Valley cast member Kumail Nanjiani (who cowrote the script), this comedy about a couple dealing with their cultural differences is one of the biggest hits at this years festival. Amazon will handle a theatrical release of the film before streaming it later this year.Source 'Casting JonBenet' 'NetflixNetflix nabbed the worldwide rights to the film before Sundance started. This unique look at the murder of JonBenet Ramsey will be available to stream in the spring.Source See the rest of the story at Business Insider
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