Statement from Rainbow Media President and CEO Joshua Sapan on IFC Films Success at the Sundance Film Festival

New York, New York, February 8, 2005 – Last week, two IFC Films garnered awards at the 2005 Sundance Film Festival, with Susanne Bier's Brothers winning the Audience Award for World Cinema Dramatic Film and Miranda July's Me And You And Everyone We Know taking a Special Jury prize for American Dramatic Feature. IFC Films is a part of IFC Companies and the theatrical production arm of Rainbow Media Holdings. The following is a statement from Rainbow Media President and CEO Joshua Sapan:

"This year's Sundance Film Festival once again spotlights the great work that has become a trademark of IFC Films. When we created a theatrical arm for Rainbow Media's IFC, it was our hope to broaden the audience for independent film and to provide filmmakers with a stronger voice and reach utilizing the power of our cable networks. We believed it was time for a new industry paradigm that maximized the power of film for the cable community, whether in theaters or on cable. The award-winning, original content created at IFC Films supports this multi-tiered business model and enables Rainbow Media and IFC to maintain a vital position at the core of the creative community."

"I congratulate the incredibly talented team at IFC and each of the award winning filmmakers on last week's recognition at Sundance. We plan to support each of these films across the board – from their theatrical release to their debut on the IFC network and VOD – and we are proud to bring this exclusive and cutting-edge content to our cable partners."

Susanne Bier's Brothers is an intense and powerful drama that explores the relationship between two very opposite brothers as their lives become simultaneously intertwined and thrust apart. The film stars Connie Nielsen, Nikolaj Lie Kaas and Ulrich Tomsen. Miranda July's Me And You And Everyone We Know is a moving investigation of love and risk starring July and John Hawkes.

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