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Cannes: More Domestic Activity Than Expected; Offshore Soft; Russia In A “Panic”

Cannes2014_badge__140417160328-150x150 (1)Heading into Cannes, the refrain was roundly the same as the one we heard going into the last big market, February’s EFM in Berlin. Whether it be from sales people, buyers or producers both foreign and domestic, there was a lament that the big projects had failed to materialize and that despite hopes to the contrary, this would be a very soft sojourn on the Croisette. One buyer called the situation a “catastrophe.” It is simply harder to pull together exciting packages, execs said, as talent attachments take longer and numbers are harder to hit. Still, if international dealmaking was in line with expectations, there was a jolt in domestic deals from the get-go. On the eve of the market, Paramount spent a record $20M on Story Of Your Life. The deal for the Denis Villeneuve-directed sci-fi pic starring Amy Adams was brokered by Lava Bear’s David Linde with WME Global’s Graham Taylor and FilmNation’s Glen Basner. Basner was also in the middle of The Weinstein Co’s landmark $7M Berlin deal for The Imitation Game. That acquisition was the real news out of Berlin, but it did not have a knock-on effect of jump-starting what ended up to be a pretty tepid EFM.

the-weinstein-company-logo-1__140502172505-275x153On the contrary, the sunny skies in Cannes, after two years of non-stop downpours, were matched by a solid … Read More »

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Cannes: EOne’s New International Strategy Sees Payoff As Key Deals Close On ‘Eye In The Sky’, ‘Trumbo’

By | Monday May 19, 2014 @ 5:32am PDT

eoneEXCLUSIVE: This is the first Cannes market for eOne Films International since defining its global strategy under former Studiocanal exec Harold van Lier. He joined as President in January and was quickly armed with a $100M acquisitions fund to help “get our hands on the most sought-after films in the earliest Cannes2014_badge__140417160328-150x150 (1)stages,” he said at the time. Here in Cannes, two of eOne’s new projects, action thriller Eye In The Sky and drama Trumbo, have proved popular with buyers. Each has secured a significant all-rights deal with France’s TF1 whose theatrical releases go via French major UGC. colin firth Colin Firth, who stars in Eye In The Sky with Helen Mirren and Aaron Paul, is in Cannes today to talk up the film which he is also producing with Ged Doherty and eOne’s Xavier Marchand. Gavin Hood is directing. Trumbo is the Jay Roach-helmed story of legendary blacklisted screenwriter Dalton Trumbo who is being played by Bryan Cranston. The French deals are meaningful given “the reality of how tough the French market is,” says van Lier. “Outside of the U.S., this is a big piece for us to tuck into” with “very competitive” pricetags. Charlotte van Weede, SVP of Sales, closed both deals in … Read More »

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