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iW NEWS | Academy Awards $450,000 To Fests

iW NEWS | Academy Awards $450,000 To Fests

The Academy Foundation of the Academy of Motion Picture Arts and Sciences has awarded $450,000 to 24 U.S. film festivals for the 2009 calendar year, Festival Grants Committee Chair Gale Anne Hurd announced today. Two festivals, the Nashville Film Festival and the New Orleans Film Festival will each receive a total of $75,000 over a three-year period to help develop long-term projects. The Full Frame Documentary Film Festival and the Virginia Film Festival are each in the second year of a multi-year grant. The San Francisco International Film Festival will receive $50,000 as part of multi-year grant awarded in 2007. Other allocations included $30,000 each to the Chicago International Film Festival, Heartland Film Festival, Mill Valley Film Festival, Sarasota Film Festival and Seattle International Film Festival. Since its establishment in 1999, the Academy’s Festival Grants Program has distributed 198 grants totaling $3.5 million in funding. [Peter Knegt]

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