Film festival played a major role in introducing foreign films to American audiences. Films in the first year included Akira Kurosawa's "Throne of Blood" and Satyajit Ray's "Pather Panchali". 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
Satyajit Ray Renoir about his idea of filming "Pather Panchali", which had long been on his mind, and Renoir encouraged him in the project. In 1950, D.J. Keymer sent Ray to London to work at its headquarters office. During his three months in London, Ray watched 99 films. Among these was the neorealist film "Ladri di biciclette" ("Bicycle Thieves") (1948) by Vittorio De Sica, which had a profound impact on him. Ray later said that he came out of the theatre determined to become a film-maker. Ray decided to use "Pather Panchali" (1928), the classic "Bildungsroman" of Bengali literature, as the basis