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by beavertrilogy 1615 days ago
"Tangerine" got pretty close. Made it to Sundance and that was in 2014/2015 with an iPhone 5S. https://en.wikipedia.org/wiki/Tangerine_(film)

The threat to the industry definitely appears to be the bigger hurdle, but don't discount workflow. Offloading from an iPhone is non-trivial, especially when all big-budget movies employ at least one DIT (if not an entire team) to manage this process.