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Toronto Festival Challenges Indie Film to Evolve

Toronto Festival Challenges Indie Film to Evolve

Stipulated: Independent film is in crisis. Now the question is: What will follow?

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After a year in which independent film has taken a beating, this year’s Toronto Film Festival -- opening on Thursday evening with “Creation,” a film about Darwin -- will be a litmus test on the evolving state of serious cinema and its prospects for survival.

 

A quick 2009 recap may be in order: Sundance led to a few purchases, all small. Cannes was great; almost no one bought anything and those who did paid for marketing budgets rather than film rights.

 

The distribution landscape has been reduced to a wasteland of failed companies (Picturehouse, Senator). Those mainstays that survive (Fox Searchlight, Focus) have their familiar niches and defined tastes.

 

Understood: independent film is in crisis. Now the question is: What will follow? Have filmmakers learned to adapt? Are new forms of distribution proving viable? Are the green shoots of renewal ready to appear?

 

“This is uncharted territory for me,” said producer Dean Zanuck, who is bringing his first independent feature, “Get Low,” a Southern Gothic tale starring Robert Duvall and Bill Murray, to the festival and seeking distribution. (Click to see what else is up for grabs in Toronto.)

 

Realism is the byword for Zanuck, despite his own Hollywood ties (he is son of producer Richard, grandson of mogul Darryl F.)

 

“Companies are dropping like flies,” he acknowledged, referring to his search for financing. “But if you want it badly enough, and you search long and hard for it, you can find it. It took us a while but there’s money to be had. “

 

“I’m finding the mood is now changing,” said Mark Urman, who left the cash-strapped Senator to start Paladin just a few months ago. “Filmmakers are picking themselves up by their bootstraps and finding new formulas and a new realism.”

 

What many see as a correction to the crazed bidding wars of the 1990s has claimed untold numbers of films that have gone without distributors in the past few years, and seen the demise of indie divisions and companies.

 

That brutal adjustment is guiding strategies going into Toronto.

 

Cynthia Swartz, a longtime publicist and festival veteran, observed: “People aren’t looking for big numbers in advances anymore. They’re looking for big numbers in prints and advertising. They’ve gotten past the question of big advances.”

 

“I think the sellers are going to have to rethink the way they put their movies out there,” said Tom Bernard, co-chairman of Sony Pictures Classics. “They’re going to have to be more selective. They have to change their tactics. It won’t be the bidding wars of years past. No more moneybags -- getting burned in overpaying situation.”

 

Some new players have emerged in recent months: Bob Berney with his new company Apparition; Summit and Overture are still buying independent films, though Overture has moved its strategy away from arthouse films.

 

Still -- “these are all sorts of cautious people,” warned Bernard.

 
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Whoops, I forgot to close a parenthesis and said "(see link for companies)" without giving the link. What I meant to say was to see IMDbPro's titles' links to "company credits" to see who distributors are worldwide. Thanks, http://Sydney@SydneysBuzz.com

Speaking of P&A which is put up increasingly by the filmmaker in a DIY scenario, if the traditional distributors are offering neither advance, mg nor P&A (Prints and Advertising): A look at international representation for territories outside the US (or North America) shows international sales agents (aka ISAs) are also positioning themselves as no longer the source of advances or mgs and if they cannot foresee presales (which it seems, they cannot count on these days either), they are also floating balloons suggesting filmmakers pay the P&A costs...chew on that one for a while - international markets can contribute 50% to 90% of a film's revenues...Could this evolve into a new line item in film budgets for P&A allocations not only for US distribution but also for international representation? ISAs already recoup marketing costs first, so if the filmmakers pay their own, then at least they will (in principle) recoup in first position out of first sales.

According to Waxman, among the "market titles" in the festival (I consider every festival title a "market title" except those already spoken for) one of the most anticipated is IMGlobal's A Single Man...she's right on the money on that one. Another, Dean Zanuck’s Get Low is being sold by K5 International a remarkable new ISA out of Berlin whose first film was The Visitor and whose sales are being handled by FilmFour veteran Bill Stephens and, btw, whose acquisitions are handled by industry favorite, veteran Kerry Boyle Rock.

The Wrap notes Creation, for sale by Hanway and which has already been picked up by A-Film Distribution for Benelux, D Films for Canada and Icon Film Distribution for UK and OZ. The Wrap also lists Contentfilm's Fishtank but IFC has taken that for US and many other distibutors are aleady attached (see link for companies), and Agora a Roman-era film by Alejadro Amenabar, being offered by Focus (why don't they take North America themselves? and distributed by 20th Century Fox and Canal+ in Spain (didn't they have first choice of other territories as well?)

The Wrap does not list the many films which thus far do not even have ISAs (International Sales Agents' representation) and which will be viewed by them as well as by worldwide distributors. See IndieWire's list of 147 Films For Sale .

Comments

Whoops, I forgot to close a parenthesis and said "(see link for companies)" without giving the link. What I meant to say was to see IMDbPro's titles' links to "company credits" to see who distributors are worldwide. Thanks, http://Sydney@SydneysBuzz.com

Speaking of P&A which is put up increasingly by the filmmaker in a DIY scenario, if the traditional distributors are offering neither advance, mg nor P&A (Prints and Advertising): A look at international representation for territories outside the US (or North America) shows international sales agents (aka ISAs) are also positioning themselves as no longer the source of advances or mgs and if they cannot foresee presales (which it seems, they cannot count on these days either), they are also floating balloons suggesting filmmakers pay the P&A costs...chew on that one for a while - international markets can contribute 50% to 90% of a film's revenues...Could this evolve into a new line item in film budgets for P&A allocations not only for US distribution but also for international representation? ISAs already recoup marketing costs first, so if the filmmakers pay their own, then at least they will (in principle) recoup in first position out of first sales.

According to Waxman, among the "market titles" in the festival (I consider every festival title a "market title" except those already spoken for) one of the most anticipated is IMGlobal's A Single Man...she's right on the money on that one. Another, Dean Zanuck’s Get Low is being sold by K5 International a remarkable new ISA out of Berlin whose first film was The Visitor and whose sales are being handled by FilmFour veteran Bill Stephens and, btw, whose acquisitions are handled by industry favorite, veteran Kerry Boyle Rock.

The Wrap notes Creation, for sale by Hanway and which has already been picked up by A-Film Distribution for Benelux, D Films for Canada and Icon Film Distribution for UK and OZ. The Wrap also lists Contentfilm's Fishtank but IFC has taken that for US and many other distibutors are aleady attached (see link for companies), and Agora a Roman-era film by Alejadro Amenabar, being offered by Focus (why don't they take North America themselves? and distributed by 20th Century Fox and Canal+ in Spain (didn't they have first choice of other territories as well?)

The Wrap does not list the many films which thus far do not even have ISAs (International Sales Agents' representation) and which will be viewed by them as well as by worldwide distributors. See IndieWire's list of 147 Films For Sale .