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Even movies that find distribution at film festivals typically aren't released for months, even years. By shrinking that window, Tribeca Film hopes to capitalize on buzz from the festival and support of festival sponsors. "It's certainly a way of creating a new opportunity," said Jane Rosenthal, who co-founded Tribeca with Robert De Niro and her husband, entrepreneur Craig Hatkoff. "Where it goes, how it goes
-- I don't have a crystal ball." It's a strategy that puts a lot of hope in VOD and the Internet as new avenues for finding audiences. But both methods have a checkered track record in independent film. In January, the Sundance festival offered five movies (including the eventual Oscar documentary winner "The Cove") for rent on YouTube. The experiment, at $3.99 per rental, earned a disappointing $10,709.16, a meager sum that suggested new media might not be as promising for indie film as some predicted. "Was it a failure? In a business sense, it probably was," says John Cooper, director of Sundance. "But in the sense of getting it launched and getting it out there and finding some filmmakers that were interested in doing it, it was a success. We learned a lot from it."
Despite its digital expansion this year, Tribeca isn't skimping on live spectacle. The festival begins Wednesday with the premiere, in 3-D, of "Shrek Forever After" and will feature its usual "drive-ins"
-- free outdoor screenings -- including the dance documentary "The Spirit of Salsa" and the BMX biking documentary (and Tribeca Film release) "The Birth of Big Air." Among the films that will also attract attention at the festival will be a rough cut of Alex Gibney's unfinished Eliot Spitzer doc and "Freakonomics," a documentary based on the best-selling book. ___ On the Net:
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