- how difficult they are to get into and
- how low is the likelihood of getting distribution out of them,
Yesterday I had a conversation with a fairly well known art-house movie producer. His opinion of film festivals is, to put it charitably, as bad as mine. Fact is he has more contempt for them than I do. By and large he just doesn't bother with them anymore.
So anyway, don't hold your breath waiting for film festivals to be in the Pandora Machine business model.
I'm not really sure how film festivals are relevant to most of the film industry. I suppose I shouldn't worry about it as we can't get our movies even into genre-specific festivals.