Sunset for Sundance
The Sundance Channel, a joint venture of Robert Redford, NBC Universal and CBS, is on the block.The channel, available in 28 million homes, hopes to sell near $500 million. If neither NBC or CBS decides buy the complete stake in the channel, Cablevision, Time Warner and Viacom are as potential bidders.
The "independent minded" Sundance Channel shows films, documentaries and original programming. The network is separate from the Sundance Film Festival, but draws a similar audience.
Robert Redford co-founded the network 12 years ago to expand his Sundance Institute nonprofit.
Above: Nice Bombs, a documentary on the Iraq War being shown on the Sundance Channel.
1 Comments:
I love the Sundance channel. I love independent film. But my satellite provider bundles it with Showtime, which I don't love. If the channel were available a la carte, I'd get it in a heartbeat. I certainly hope that whoever picks it up will market the independent film channel independently.
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