One of this nation's more idiosyncratic film festivals? The Cannes of America? Here's a comprehensive article implying that it may be both or neither. But whichever it is, there's something...utopian hidden in those Colorado mountains.
http://www.nytimes.com/2011/09/06/movies/hiding-up-in-telluride-silver-mined-on-screens.html?_r=1&hpw