New York's first microdrama film festival, Alza, ran October 16-18 in Manhattan, founded by former Tribeca Festival COO Pete Torres. It was billed as a showcase for stories made for the vertical screen, with premieres, short-form collections, and panels. The venue itself underscored the format's awkward transition: vertical features such as a Jerry Bradford adaptation of Pride and Prejudice were projected in an AMC theater, with jarring jump cuts and abrupt soundtrack changes that made sense for phone viewing but not for a cinema screen.

The business case for microdramas was on display in the festival's industry conversations. GammaTime, the platform founded by former Miramax CEO Bill Block, is explicitly targeting mainstream women who watch on phones throughout the day. Head of development Amy Sullivan described a library designed for different moods and times, from easy watches to spicier evening content. Block argued that traditional daytime TV viewers haven't disappeared; they've migrated to on-demand streaming and social media, watching while they're pretending to work a little bit at the office.

The economics are still being worked out. Block and Sullivan noted that while production costs are low, running a studio is expensive, especially reaching different demographics and maintaining ad partnerships. GammaTime has outsourced much of its marketing to a Tel Aviv-based partner, Slava Mudrykh, whose AI and customer-acquisition teams use Instagram and TikTok to find users. The Verge's report also captured lingering skepticism about whether the audience is really there, noting that many in the space question if anyone actually watches the content.