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    Home » The Sundance Film Festival may get a new home. Here are the 3 finalists

    The Sundance Film Festival may get a new home. Here are the 3 finalists

    By SHOOTThursday, September 12, 2024No Comments358 Views
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    The Egyptian Theatre is pictured on the eve of the 2017 Sundance Film Festival on Wednesday, Jan. 18, 2017, in Park City, Utah. (Photo by Chris Pizzello/Invision/AP, File)

    By Lindsey Bahr, Film Writer

    LOS ANGELES (AP) --

    The Sundance Film Festival has narrowed its search for a new home down to three finalists.

    One option remains a combination of Salt Lake City and Park City, Utah, the latter its base for over 40 years. The other two, Boulder, Colorado, and Cincinnati would find the country’s foremost showcase for independent film putting new roots down, the Sundance Institute said Thursday.

    Eugene Hernandez, the festival’s director and head of public programming said that each of the finalist cities “has shown us the blend of exciting possibilities, values, and logistics needed to produce a vibrant, inviting, and inclusive Festival.”

    For now, Sundance will continue operating out of Park City for the 2025 and 2026 festivals. Changes won’t go into effect until the 2027 festival. Should the organization stick with Utah, the festival would center itself in Salt Lake City, with some elements in Park City.

    Local leaders all issued statements as well. Colorado Gov. Jared Polis said that Boulder is “the next natural home” for the festival, touting Colorado’s creative communities. Cincinnati Mayor Aftab Pureval and Kristen Schlotman, the head of Film Cincinnati spoke about the Ohio city’s dedication to the arts and its ability to offer a “dynamic, walkable and accessible new venue.” Finally, Salt Lake City Mayor Erin Mendenhall, Park City Mayor Nann Worel and Salt Lake County Mayor Jenny Wilson said they are eager to “forge an even stronger bond to inspire artists and elevate the festival experience.”

    The Robert Redford-founded festival has been a launching pad for many top filmmakers over the years, from Quentin Tarantino to Ryan Coogler. It’s also premiered many eventual Oscar nominees and winners, including “CODA,” their first best picture winner, and the past three documentary winners “20 Days in Mariupol,””Navalny” and “Summer of Soul.”

    Last year’s hybrid festival generated just over $118 million for the state of Utah, according to Sundance’s 2023 economic impact report. But there have been growing concerns that it has outgrown its mountainside ski town. The festival has long sparred with local ski resorts — Park City’s other major money maker — as more than 86,000 festivalgoers fill the hotels and leave the slopes virtually empty for two weeks during peak ski season.

    In April, the Sundance Institute started exploring host cities outside of its longtime home. The three finalists were winnowed down from a list of six, revealed in July, that included Louisville, Kentucky; Santa Fe, New Mexico; and Atlanta.

    A final decision is expected in early 2025.

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    Tags:Eugene HernandezSundance Film Festival



    Berkshire Hathaway boosted stake in Google parent Alphabet

    Saturday, August 15, 2026
    Shareholders wait in line outside CHI Health Center Omaha for the Berkshire Hathaway annual meeting, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz, File)

    Berkshire Hathaway is increasing the size of its stake in Google's parent company and beefing up its holdings in homebuilders, according to the conglomerate's latest snapshot of its investment portfolio.

    The Omaha, Nebraska-based company also continued to pare its stake in financial companies and a number of other stocks in the April-June quarter, according to a regulatory filing filed late Friday.

    CEO Greg Abel, who took over from Warren Buffett at the start of the year, agreed in June to make a $10 billion stock investment in Alphabet, expanding on the stake that Berkshire started to build last fall.

    In the second quarter, Berkshire picked up roughly 48.1 million shares in Alphabet, bringing its total shares in the tech giant to roughly 106 million. That stake was valued at about $37.76 billion as of June 30, according to the filing. As recently as the end of December, Berkshire held only 17.8 million Alphabet shares worth $5.6 billion.

    Alphabet has said it plans to raise $80 billion to pay for the computing infrastructure needed to power its AI offerings.

    Beyond tech, Berkshire continued to boost its investments in the U.S. homebuilding sector. Its stake in homebuilder Lennar increased nearly 30% in the second quarter. Berkshire also established a small new stake in D.R. Horton that was worth $580,504 at the end of June.

    In July, Berkshire completed a $6.8 billion acquisition of homebuilder Taylor Morrison.

    Berkshire also sharply increased its shares in Delta Air Lines and Macy's in the second quarter. The stakes were worth about $5.37 billion and $173 million, respectively, as of June 30.

    Berkshire also pruned its investment portfolio in the second quarter, reducing its stake in several companies relative... Read More

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