The big panel at Sundance this year was called “The Panic Button: Push or Ponder.” Here’s how it was described:

The sky fell, companies collapsed, and the industry spent much of the year with one hand on the panic button. So, where do we go from here? Is this the end or simply a transition? Of the questions that besiege the industry today (content, distribution, its very identity), maybe the most fundamental is what kind of movies we want to make…and see. Today we ask for a vision of the future; for new models that foster the health, diversity, and creativity of independent filmmaking.

Panelists include Mark Gill (The Film Department), Ted Hope (This is that corporation), Michael Barker (Sony Picture Classics), Jonathan Sehring (IFC), Peter Broderick (Paradigm Consulting), and James Schamus (Focus Features).

Geoff Gilmore moderated this big-picture discussion of where the business is and where it is going. Thanks to the folks at Sundance, HP and also to Todd Sklar, who alerted me to this, here is the entirety in two parts.