The American Film Market saw 5% more buying companies in attendance this year and 6% more buyers, organizers at the Independent Film & Television Alliance said today. The market, which has more than 7,749 people to date attend the Santa Monica confab, wraps Wednesday.
A total of 753 buying companies from more than 60 countries were present. Regions with more buyers at the market included Asia (up 14%) and Latin/South America (up 17%). Korea (26%) and Japan (23%) had the largest increase among countries. Attendance among exhibitor-affiliated participants (executives, producers, talent and guests) reached 3,069. “The healthy growth in new buying companies is the most important metric for us,” AFM managing director Jonathan Wolf said. “It shows that the global marketplace for independent film is continuing to expand.”…
Stealth Media Group has announced $25 million in senior and gap production financing on four films with Michael Mendelsohn’s Union Patriot Capital and Patriot Pictures. The deal has closed financing on the $18 million Nicolas Cage actioner Marble City and will support financing on a slate of action films including SMG’s SAS: The Originals, a $25 million budgeted pic about the formation of the UK Special Forces, and the real life Brit Godfather gangster film The Fixer….
Benaroya Pictures announced today at AFM that they are joining Blue-Tongue Films and Goalpost Pictures on Felony. Matthew Saville is directing the crime thriller, which starts production in Sydney today. Joel Edgerton, who will also star, wrote Felony. Tom Wilkinson, Melissa George and Jai Courtney are also in the cast. Edgerton will produce with Michael Benaroya and Rosemary Blight of Goalpost Pictures Australia. Myles Nestel and Lisa Wilson are executive producing for Solution Entertainment Group with Goalpost’s Ben Grant. Village Roadshow have taken Australian domestic rights and Joel Pearlman and Seph McKenna are executive producing.
Forest Whitaker’s JuntoBox Films announced it is joining with crowd-funding platform Indiegogo to help fund and support filmmakers with a JuntoBox-branded partner page at Indiegogo.com. It will offer projects access to JuntoBox’s production, mentorship and distribution services. JuntoBox also greenlighted the Wesley Mills-directed Sharon Is Caring as the fourth film on its slate of crowd-sourced indies….
EastEnders producer Miriam Segal, founder of UK-based Good Films and its packaging and development label George Films, has announced the development of a slate of six movies with budgets between $10 million-$55 million, the first of which will go in to production in early 2013. The pics: Tena Štivičić’s Invisible, Robert Mazur’s The Infiltrator, Siri Hustvedt’s What I Loved, Peter Goodwin’s When A Crocodile Eats The Sun, James Patterson and Liza Markland’s Postcard Killers, and Polly Steele’s The F**kit Button.