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"Sales" at Cannes determine film's future...

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The slow recovery of the independent distribution business took a giant step at the 2011 Cannes Film Festival, which featured a fast and furious flurry of big-money deals made for partially completed films whose sellers brought sizzle reels and scripts. The Iron Lady, Wettest County In The World (retitled Lawless and in competition), Looper, Great Hope Springs, Killer Elite, The Host, The Artist and Megan Ellison’s whopping $20 million buy for Terminator rights were among the films snapped up by product-hungry domestic and offshore distributors.

his year, there will be way more pictures to be bought in the Cannes market. Agents say there will be dozens of packages, promo reels and scripts for talent-attached packages. And there will be way more upstart international sales companies hawking them. Some buyers, and sellers for that matter, are looking at the list of packages — including multiple films starring the likes of Gerard Butler and Matthew McConaughey — and wondering if some of those new sales companies will have reputations tarnished if some of those proposed films don’t make it into production because the sales aren’t there.

Source: DeadlineLondon

Author: By NANCY TARTAGLIONE, International Editor | Wednesday, 16 May 2012 05:00 UK

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including multiple films starring the likes of Gerard Butler and Matthew McConaughey

I'm always up for multiples. :D

Thanks, Barb! You are always a fountain of information!

Delene

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