Today, thousands of film festivals take place around the world—from high-profile festivals such as Sundance Film Festival and Slamdance Film Festival (Park City, Utah), to horror festivals such as Terror Film Festival (Philadelphia), and the Park City Film Music Festival, the first U.S. film festival dedicated to honoring music in film. Film Funding competitions such as Writers and Filmmakers were introduced when the cost of production could be lowered significantly and internet technology allowed for the collaboration of film production.
