The first big film festival was the Venice Film Festival and it was held between the 6th of August 1932 to the 21st, Dr Jekyll and Mr Hyde was the first film to be screened.
Film festivals have always been a crucial way in how smaller films and filmmakers can launch themselves into the world, its a place where more independent and different styles of film can all come together in a safe space and really be enjoyed. The types of films shown at film festivals would typically struggle to go mainstream through places like Hollywood, who heavily rely on the big blockbuster cash grab, film festivals are a place where unique pieces of art can really be seen and absorbed by an audience willing to see films a little different.
Big film festivals such as Sundance, Cannes, Toronto and many more, have helped make huge success stories out of winning films at their festivals such as Napoleon Dynamite, Moonlight, Once, Saw, Whiplash and many many others, it's a great way of introducing film makers to the main stream market.
Film festivals continue to showcase amazing pieces of work to the world and continue to expose talented creators to the industry and the world.