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
Pather Panchali because of funding problems and it took nearly three years for the film to be completed. The film was shot mainly on location, had a limited budget, featured mostly amateur actors, and was made by an inexperienced crew. The sitar player Ravi Shankar composed the film's soundtrack and score using classical Indian ragas. Subrata Mitra was in charge of the cinematography while editing was handled by Dulal Dutta. Following its premiere on 3 May 1955 during an exhibition at New York's Museum of Modern Art, "Pather Panchali" was released in Calcutta later the same year to an enthusiastic reception. A