TIFF 2023 Has 50 Acquirable Films & Few Stars To Promote Them; Will Hungry Distributors Pounce?
07.09.2023 - 18:35
/ deadline.com
Ask buyers and sellers at Toronto what they expect for the festival acquisitions marketplace that opens today, and they’ll say either boom or bust. Even though there are almost 50 available titles here. The uncertainty that twin strikes has wrought brings uncertainty to what, on paper, should be the most robust Toronto in a long time. There will be far fewer stars on display; many backers have decided not to sign up for SAG-AFTRA’s Interim Agreement, because it means turning off the streamers that have been the most prolific buyers of festival films for years. The optics of them acquiring a film now and accepting the guild terms they are fighting, are too daunting.
The strikes hung over Venice and Telluride like a metaphorical black cloud. It was better than the actual clouds that left the Burning Man festival participants scrambling for dry ground at the same time, but it dampened the two otherwise wonderful festivals that kicked off awards season. This includes numerous films that actors directed that premiered at those fests or will premiere in Toronto. Hyphenates whose backers didn’t sign IA agreements, were essentially were forced to make a Sophie’s Choice: stay loyal to the spirit of guild solidarity and stay home, knowing they essentially turn their backs on an important buzz-building launch moment on films they worked so hard to make. Okay, Sophie’s Choice might be too strong a comparison, but for those actors who spent years to muster the courage to finally get behind the camera and aren’t there to support festival launches, it is like leaving your newborn baby in a bus station and hoping for the best. I fail to see how this does anything other than hurt SAG-AFTRA members, and also the festivals that rely on
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