The phrase "leading film festivals" refers to the most prestigious and well-known film festivals in the world. These are events where new films are premiered and showcased, often ahead of their release to the general public. They are attended by industry professionals, celebrities and film enthusiasts alike, and are considered important platforms for the promotion of new films and the discovery of emerging talent. Some examples of leading film festivals include the Cannes Film Festival, Sundance Film Festival and the Venice Film Festival, among others.