TIFF Wrap Up: What does Toronto offer?
The 2013 Toronto International Film Festival has come and gone. The Oscar race has started and films from the festival are opening theatrically this week (Prisoners, Enough Said). From the press circuit, you might think that only films starring Oscar nominees or made by Vegas magicians were in the festival, but those films represent only a small sampling of the diverse array of cinema from the festival.
Over the course of my 9 days, I saw 47 films from 19 different countries on 6 continents. While some of these films such as Metalhead have yet to secure a US distributor, they have been able to close a number of other territories and directors and talent have signed with major agencies.
If your film is star driven and could warrant a wide release, the fest can serve as a great launch pad. The fact remains though that the fest will never be in competition with Sundance where more challenging fare is able to be discovered. In fact, fewer than five films from the discovery, contemporary world cinema, and wavelength sections were acquired for US distribution over the course of the festival. Proportionately the festival also offers very little room for documentaries. Of the 288 features in the festival, fewer than 15% are documentaries.
To be fair, several films were able to close deals for multiple territories, but were not able to get a US distributor as of the time of this writing, and of course many films will secure distribution in the coming month. I did not get the sense of urgency at this year’s festival though there were a few all night negotiations and about a dozen films that sold for seven figures. That sounds like a lot until you realize Sundance had more films passing that benchmark despite having about ½ as many films available.
If I was a filmmaker I would personally be very wary of premiering my film at TIFF without stars.
The big players at the festival were The Weinstein Company and Roadside Attractions. TWC made the flashier deals nabbing Tracks out of Venice/Telluride for an undisclosed sum, The Disappearance of Eleanor Rigby: Him and Her for just over $3,000,000, The Railway Man for $2,000,000 and the behemoth deal for Can a Song save Your Life. That film sold for $7,000,000 with a $20,000,000 P&A commitment. On paper this may seem absurd, but the movie is a musical with original songs and, considering the director’s prior feature won an Oscar for best original song, there is certainly an added revenue stream for the film. If you see the film though, it is also clear that TWC has to be careful in how they price the music, charging more than a specific dollar amount goes directly against the message of the film.
All four of these films will not be released until 2014. TWC already had Philomena, August Osage County, One Chance, and Mandela: Long Walk to Freedom in the festival, plus their Radius label had The Art of the Steal, Man of Tai Chi, Blue Ruin, and The Unknown Known. Unlike last year, Radius did not strike for any films at the festival.
Roadside Attractions came to the festival with Blood Ties and Gloria (Both North American premieres) and left with Life of Crime for $2,000,000, Joe for north of $2,000,000, Words and Pictures, and Therese. The first two are in partnership with Lionsgate. The total of four films is one shy of the five films they nabbed last year, but still makes them one of the two most active distributors at the festival.
A24 was another company that made a big splash acquiring for over $1,000,000 each Enemy, Under the Skin, and Locke. Locke screened in Venice and a TIFF market screening, but was not in the festival. The company that has had continued success connecting to the millennial generation seems to be guiding themselves toward genre fare.
Magnolia acquired The Right Kind of Wrong ahead of its world premiere and also acquired The Sacrament. Their films Pioneer and How I Live Now were in the festival.
Open Road is tackling The Green Inferno for wide release, but with no MG. They are partnering with XLRator on All is By My Side. Relativity Media meanwhile decided to partner with Blumhouse Productions to acquire Oculus from the Midnight Madness section and is planning a wide release. The film was originally attached to Film District, but they parted ways just prior to the start of the festival
Focus Features acquired Jason Bateman helmed Bad Words for north of $7,000,000 and premiered Dallas Buyers Club.
Millennium and CBS also made big buys. The former acquired Fading Gigolo for $2,000,000+ and the latter paid $2.5 Mill for The F Word
On the TV side, Showtime snagged Made in America and HBO went for Dangerous Acts before they world premiered at the festival.
IFC just acquired Hateship Loveship and IFC Midnight (The genre arm of IFC) went for Proxy and The Station. Their sister division Sundance Selects added Bastards and Finding Vivian Maier prior to the festival. IFC/Sundance Selects had another 5 films that screened at the fest including the world premiere of The Face of Love.
Well Go USA was able to get Rigor Mortis pre-fest and McCanick during the fest. McCanick is one of the final films starring the late Cory Monteith. Drafthouse Films continued their pursuit of genre films with Why Don’t You Play in Hell?.
A small number of foreign language films were able to secure distribution in the States. Cohen Media Group grabbed the documentary The Last of the Unjust, Artsploitation said, yes sir to The Major, Film Movement went for Le Demantlement, Viva Pictures decided to play with Antboy, and Tribeca scored Bright Days Ahead
Other deals include EOne acquiring Watermark, FilmBuff scoring the one digital deal of the festval with TFC Alum, Jody Shapiro’s doc Burt’s Buzz. Everyday Pictures will handle the theatrical. And of course Disney continued their relationship with the now retired Anime icon for The Wind Rises
Companies that were noticeably absent in the acquisitions department at the festival include Fox Searchlight, Oscilloscope, and Anchor Bay.
40 films secured US distribution between the festival slate being announced and the time of this writing. This is great, but pales in comparison to Sundance numbers, and is noticeably ahead of Tribeca’s. The Midnight Madness and Gala sections are the only ones in which over ½ the films have US distributors attached. The Special Presentation and TIFF DOCS sections are also well represented.
Now I want to address the issue of manners and etiquette. While talking on your phone or doing screen grabs during a screening is rude, it does not warrant calling the cops.
There were some very troubling scenes to me at this year’s festival. At no point is it acceptable to yell and curse at volunteers. They are merely doing what they are told and are graciously helping all of us partake in our fabulous festival excursion. If you have to say, “Do You Know Who I Am?” not only do we not know who you are, but you aren’t important enough that it matters. Also, though most of us were taught how to line up and wait patiently in kindergarten, it is common courtesy to do this when people have waited an hour in line for a screening. Do not shove your way through the corn maze line to go near the front.
And if someone from your company is lucky enough to attend the fest freelance, do not turn them into your workslave. If you wanted to send them to the festival, you could have paid for them to be there.
Remember, we have the best jobs in the world and a little decency goes a long way.
Film | Distributor | Amount Paid | Territories |
Locke | A24 | $1.25 Mil | US |
Enemy | A24 | low seven figures | US |
Under the Skin | A24 | $1 Mll + | US |
The Major | Artsploitation | US | |
The F Word | CBS Films | $2.5 Mil | US |
The Last of the Unjust | Cohen Media Group | North America | |
The Wind Rises | Disney | North America | |
Why Don’t You Play in Hell | Drafthouse Films | US | |
Watermark | Eone | US, Canada | |
Le Demantlement | Film Movement | US/World Airlines | |
Burt’s Buzz | FilmBuff/Everyday Pictures | US | |
Bad Words | Focus Features | $7 Million | Worldwide |
Dangerous Acts | HBO | US TV | |
Hateship Loveship | IFC | US | |
Proxy | IFC Midnight | North America | |
The Station | IFC Midnight | US | |
The Right Kind of Wrong | Magnolia | US | |
The Sacrement | Magnolia Pictures | US | |
Fading Gigolo | Millennium Entertainment | Btwn-$2-3 Mil | US |
The Green Inferno | Open Road Films | No MG | North America |
All Is By My Side | Open Road Films/XLRator | US | |
Oculus | Relativity/Blumhouse Productions | US | |
Words and Pictures | Roadside Attractions | US | |
Therese | Roadside Attractions | US | |
Joe | Roadside Attractions/Lionsgate | $2 Mil + | US |
Life of Crime | Roadside Attractions/Lionsgate | $2 Mil | US |
Made in America | Showtime | US TV | |
Tim’s Vermeer | SPC | Worldwide | |
The Armstrong Lie | SPC | Worldwide | |
Finding Vivian Maeir | Sundance Selects | North America | |
Bastards | Sundance Selects | US | |
Eleanor Rigby Him and Her | The Weinstein Company | About $3 Mil | US/UK/FR/CA |
The Railway Man | The Weinstein Company | $2 Mil | US |
Can a Song Save Your Life | The Weinstein Company | $7 Million | US |
Tracks | The Weinstein Company | US | |
Bright Days Ahead | Tribeca Films | US | |
Antboy | Viva Pictures | US | |
McCanick | Well Go USA | US | |
Rigor Mortis | Well Go USA | US |
Bryan Glick September 19th, 2013
Posted In: Film Festivals
Tags: A24, Artsploitation, Bryan Glick, CBS Films, Cohen Media Group, Drafthouse Films, EOne, Film Buff, film distribution, Film Movement, film sales, Focus Features, IFC, independent film, Magnolia, Open Road, Relativity Media, Roadside Attractions, TIFF, Toronto International Film Festival, Tribeca Film, Viva Pictures, Weinstein Company, Well Go
The Audacity of Hope: A Window into the Minds of Filmmakers at Independent Film Week
Next week (September 15 – 19) marks IFP’s annual “Independent FIlm Week” in NYC, herein dozens of fresh-faced and “emerging” filmmakers will once again pitch their shiny new projects in various states of development to jaded Industry executives who believe they’ve seen and heard it all.
Most of you reading this already know that pitching a film in development can be difficult, frustrating work…often because the passion and clarity of your filmmaking vision is often countered by the cloudy cynicism of those who are first hearing about your project. After all, we all know that for every IFP Week success story (and there are many including Benh Zeitlin’s Beasts of the Southern Wild, Courtney Hunt’s Frozen River, Dee Rees’ Pariah, Lauren Greenfield’s The Queen of Versailles, Stacie Passon’s Concussion etc…), there are many, many more films in development that either never get made or never find their way into significant distribution or, god forbid, profit mode.
So what keeps filmmaker’s coming back year after year to events like this? Well, the simple answer is “hope” of course….hope, belief, a passion for storytelling, the conviction that a good story can change the world, and the pure excitement of the possibilities of the unknown.
Which is why I found a recent poll hosted on IFP’s Independent Film Week website [right sidebar of the page] so interesting and so telling….in part because the result of the poll runs so counter to my own feelings on the state of independent film distribution.
On its site, IFP asks the following question:
Before you view results so far, answer the question….Which excites YOU the most? Now go vote and see what everyone else said.
** SPOILER ALERT — Do Not Read Forward Until You’ve Actually Voted**
What I find so curious about this is in my role as a independent film distribution educator at The Film Collaborative, I would have voted exactly the other way.
I suspect that a key factor in IFP Filmmakers voting differently than I has something to do with a factor I identified earlier, which I called “the pure excitement of the possibilities of the unknown.” I’m guessing most filmmakers called the thing most “exciting” that they knew the least about. After all 1) “Crowdsourcing” seems familiar to most right now, and therefore almost routine to today’s filmmakers….no matter how amazing the results often are. 2) “Television As a Platform for Auteurs” is also as familiar as clicking on the HBO GO App….even despite the fact that truly independent voices like Lena Dunham have used the platform to become household names. 3) Cross Media Story Telling remains a huge mystery for most filmmakers outside the genre sci-fi and horror realms….especially for independent narrative filmmakers making art house character-driven films. It should be noted that most documentary filmmakers understand it at least a little better. And 4) Digital Distribution Opportunities…of course this is the big one. The Wild West. The place where anything and everything seems possible…even if the evidence proclaiming its success for independents STILL isn’t in, even this many years after we’ve started talking about it.
But still we hope.
From our POV at The Film Collaborative, we see a lot of sales reports of exactly how well our truly independent films are performing on digital platforms….and for the most part I can tell you the results aren’t exactly exciting. Most upsetting is the feeling (and the data to back it) that major digital distribution platforms like Cable VOD, Netflix, iTunes etc are actually increasing the long-tail for STUDIO films, and leaving even less room than before for unknown independents. Yes, of course there are exceptions — for example our TFC member Jonathan Lisecki’s Gayby soared to the top of iTunes during Gay Pride week in June, hitting #1 on iTunes’ indie charts, #3 on their comedy charts, and #5 overall—above such movie-star-studded studio releases as Silver Linings Playbook and Django Unchained. But we all know the saying that the exception can prove the rule.
Yes, more independent film than ever is available on digital platforms, but the marketing conundrums posed by the glut of available content is often making it even harder than ever to get noticed and turn a profit. While Gayby benefited from some clever Pride Week-themed promotions that a major player like iTunes can engineer, this is not easily replicated by individual filmmakers.
For further discussion of the state of independent digital distribution, I queried my colleague Orly Ravid, TFC’s in house guru of the digital distro space. Here’s how she put it:
“I think the word ‘exciting’ is dangerous if filmmakers do not realize that platforms do not sell films, filmmakers / films do.
What *is* exciting is the *access*.
The flip side of that, however, is the decline in inflation of value that happened as a result of middle men competing for films and not knowing for sure how they would perform.
What I mean by that is, what once drove bigger / more deals in the past, is much less present today. I’m leaving theatrical out of this discussion because the point is to compare ‘home entertainment.’
In the past, a distributor would predict what the video stores would buy. Video stores bought, in advance often, based on what they thought would sell and rent well. Sure there were returns but, in general, there was a lot of business done that was based on expectation, not necessarily reality. Money flowed between middle men and distributors and stores etc… and down to the sellers of films. Now, the EXCITING trend is that anyone can distribute one’s film digitally and access a worldwide audience. There are flat fee and low commission services to access key mainstream platforms and also great developing DIY services.
The problem is, that since anyone can do this, so many do it. An abundance of choice and less marketing real estate to compel consumption. Additionally, there is so much less of money changing hands because of anticipation or expectation. Your film either performs on the platforms or on your site or Facebook page, or it does not. Apple does not pay up front. Netflix pays a fee sort of like TV stations do, but only based on solid information regarding demand. And Cable VOD is as marquee-driven and not thriving for the small film as ever.
The increasing need to actually prove your concept is going to put pressure on whomever is willing to take on the marketing. And if no one is, most films under the impact of no marketing will, most likely, make almost no impact. So it’s exciting but deceptive. The developments in digital distribution have given more power to filmmakers not to be at the mercy of gatekeepers. However, even if you can get into key digital stores, you will only reach as many people and make as much money as you have marketed for or authentically connected to.”
Now, don’t we all feel excited? Well maybe that’s not exactly the word….but I would still say “hopeful.”
To further lighten the mood, I’d like to add a word or two about my choice for the emerging trend I find most exciting — and that is crowdsourcing. This term is meant to encompass all activities that include the crowd–crowdfunding, soliciting help from the crowd in regard to time or talent in order to make work, or distributing with the crowd’s help. Primarily, I am going to discuss it in terms of raising money.
Call me old-fashioned, but I still remember the day (like a couple of years ago) when raising the money to make a film or distribute it was by far the hardest part of the equation. If filmmakers work within ultra-realistic budget parameters, crowd-sourcing can and usually does take a huge role in lessening the financial burdens these days. The fact is, with an excellently conceived, planned and executed crowdsourcing campaign, the money is now there for the taking…as long as the filmmaker’s vision is strong enough. No longer is the cloudy cynicism of Industry gatekeepers the key factor in raising money….or even the maximum limit on your credit cards.
I’m not implying that crowdsourcing makes it easy to raise the money….to do it right is a whole job unto itself, and much hard work is involved. But these factors are within a filmmaker’s own control, and by setting realistic goals and working hard towards them, the desired result is achieved with a startling success rate. And it makes the whole money-raising part seem a lot less like gambling than it used to….and you usually don’t have to pay that money back.
To me, that is nothing short of miraculous. And the fact that it is democratic / populist in philosophical nature, and tends to favor films with a strong social message truly thrills me. Less thrilling is the trend towards celebrities crowdsourcing for their pet projects (not going to name names here), but I don’t subscribe to a zero-sum market theory here which will leave the rest of us fighting over the crumbs….so if well-known filmmakers need to use their “brand” to create the films they are most passionate about…I won’t bash them for it.
In fact, there is something about this “brand-oriented” approach to crowdsourcing that may be the MOST instructive “emerging trend” that today’s IFP filmmakers should be paying attention to…as a way to possibly tie digital distribution possibilities directly to the the lessons of crowdsourcing. The problem with digital distribution is the “tree-falls-in-the-forest” phenomenon….i.e. you can put a film on a digital platform, but no-one will know it exists. But crowdsourcing uses the exact opposite principal….it creates FANS of your work who are so moved by your work that they want to give you MONEY.
So, what if you could bring your crowdsourcing community all the way through to digital distribution, where they can be the first audience for your film when it is released? This end-to-end digital solution is really bursting with opportunity…although I’ll admit right here that the work involved is daunting, especially for a filmmaker who just wants to make films.
As a result, a host of new services and platforms are emerging to explore this trend, for example Chill. The idea behind this platform (and others) is promising in that it encourages a “social window” to find and engage your audience before your traditional digital window. Chill can service just the social window, or you can choose also to have them service the traditional digital window. Crowdfunding integration is also built in, which offers you a way to service your obligations to your Kickstarter or Indiegogo backers. They also launched “Insider Access” recently, which helps bridge the window between the end of the Kickstarter campaign and the release.
Perhaps it is not surprising therefore, that in fact, the most intriguing of all would be a way to make all of the “emerging trends” work together to create a new integrated whole. I can’t picture what that looks like just yet…and I guess that is what makes it all part of the “excitement of the possibilities of the unknown.”
Jeffrey Winter will be attending IFP Week as a panelist and participant in the Meet the Decision Makers Artists Services sessions.
Jeffrey Winter September 12th, 2013
Posted In: crowdfunding, Digital Distribution, DIY, Film Festivals, iTunes, Long Tail & Glut of Content, Marketing
Tags: cable VOD, cross media storytelling, crowdfunding, Crowdsourcing, digital film distribution, Gayby, hope, IFP, Independent Film Week, iTunes, Jonathan Lisecki, Netflix, Orly Ravid, The Film Collaborative
TIFF Riff Part 2-Positives, Negatives and Vimeo
TIFF IS HERE! Let the craziness (And the Jewish new year) begin! I figured I would split this into the good and bad from how films performed at last year’s fests. If you’re playing in the Contemporary World Cinema or Discovery section you might want to run to Vimeo ASAP, but more on that later. Let’s get the ball rolling, shall we?
Five positives to highlight from last year
- Midnight Madness Acquisitions
- Every film in the Midnight Madness section was acquired for domestic distribution and many (Lords of Salem, Aftershock) were for seven figure deals. The simple fact is that the horror audience is incredibly loyal. It is arguably the most loyal and consistent substantial audience that exists. It’s also often critic-proof, which is not the case for a downbeat drama.
- Black and White Film
- Frances Ha and Much Ado About Nothing were both arguably risky ventures despite the notoriety of people behind and in front of the lens. Both films were shot in black and white and rely on indie celebrity status for marketing. That said, each has grossed over $4,000,000 at the domestic box office. Frances Ha is IFC’s highest grossing film this year and Much Ado About Nothing is Roadside’s best box office performer from their long list of acquisitions at last year’s festival.
- Best Performers
- A number of smaller specialty distributors had their highest grossing US films to date come from 2012 festival acquisitions. Many of these films would not scream top box office though. One is arguably a massive disappointment.
- Cinema Guild took Museum Hours which has since grossed over $300,000. The film has been nothing if not a marvel, having passed the $200,000 mark before even opening in LA. For a company known for challenging foreign fare and documentaries, this film is no exception, but has clearly connected with audiences.
- Well Go USA took some action from abroad to the tune of just under $700k in the US via The Thieves. For a company based in Plano, TX that has to be a record.
- Drafthouse Films did so well with the documentary Act of Killing that TIFF is giving them a panel to explain their distribution strategy. HINT…GO…Tim League is one of the most entertaining people you will hear speak in any capacity. He is also usually quite candid and unpredictable. This film looks to top out at just under $500,000…over 300% above their next highest box office performer.
- Entertainment One’s expansion into the US box office has been a poor to mixed bag (not to worry though, they kind of dominate everywhere else). A Late Quartet stars Christopher Walken, Catherine Keener, and Philip Seymour Hoffman, but tepid reviews and no awards traction capped the film at around $1.5 Mil. Still, it’s their best performer in the States.
- Cohen Media Group specializes in handling foreign films. They specifically seem to like ones from France. Yet their highest grosser is from Lebanon (with French backing of course). The Attack is still going strong at the box office with $1.6 Mil in revenue and likely to add another $250,000 or so before it wraps. It’s only a matter of time before they pass the $2,000,000 mark with a film.
- A number of smaller specialty distributors had their highest grossing US films to date come from 2012 festival acquisitions. Many of these films would not scream top box office though. One is arguably a massive disappointment.
- Israel
- The Attack, The Gatekeepers, and Fill the Void all have something in common. They were at least partially shot in Israel and have all grossed over $1,000,000 in the US. In addition, Hannah Arendt has grossed over $600,000 which is particularly impressive when compared with other Zeitgeist releases of the past few years. While Eagles failed to attract buyer interest, Israel continues to be arguably the most reliable foreign language performer in the US. I would say it’s France, but their film industry is much more robust. Many of their top films will never come here and I can’t say that with Israel. To put it another way, the US box office total combined for these four films would be equal to $1 donation from every Israeli citizen.
- HBO Docs
- Sheila, Sheila, Sheila. If you don’t know her name, you clearly don’t know squat about the Docs. Mea Maxima Culpa premiered at the fest and was one of only two TV Docs to get on the Oscar shortlist (the other one, Ethel, was also an HBO Doc). HBO paid big and got the two most star studded docs of the festival, Love, Marilyn and Casting By. For documentaries, TV continues to be the major power player and nobody ponied up more money for a Doc at the fest than HBO did when they partnered with Cinedigm for Love, Marilyn. Sale price was between $1.25 million and $1.75 million.
Five negatives to highlight from last year
- Midnight Madness Box Office
- Dredd was a giant studio disappointment and major money loser after opening in the US on 2500 screens with a PSA of $3426. Reported production budget was $50mil, but pulled in a worldwide BO gross of a little over $35mil. Eli Roth’s Aftershock never took off on digital or theatrically where it opened to a PSA under $500 and failed to gross over $100k. Come Out and Play meanwhile couldn’t even pass $5k. Rob Zombie’s The Lords of Salem managed over $1,000,000 after buyer Anchor Bay capitalized on publicity surrounding Zombie’s new book and album, but still didn’t justify the acquisitions price (reportedly $2mil) and bidding war for the title.
- Films with Title Changes
- Girl Most Likely and Stuck in Love are both star driven comedies that originated with horridly bland titling (Imogene and Writers respectively). Despite the attempts of Roadside Attractions and Millenium Entertainment to rebrand the films, both are each company’s lowest performing TIFF acquisition. Girl Most Likely saw grosses drop 72% in its second weekend and Stuck in Love will not even pass $100k. Both films saw much better results on VOD, but at the end of the day, compared to top performing acquisitions titles from these players, both can be considered disappointments. Meanwhile TWC’s Unfinished Songs (Formerly Songs for Marion) has barely outgrossed their Norwegian epic Kon-Tiki. EEK!
- African and Eastern European Cinema
- A look at the films that failed to secure distribution last year and it becomes clear that buyers were not enjoying anything from the entire continent of Africa. I mean literally, THE ENTIRE CONTINENT! There was not a Tsotsi in the bunch.
- Award winning films without distribution going into the festival
- Artifact won the audience award for best doc, the Fipresci prize went to Detroit Unleaded and both have yet to find a home in the States. Artifact will all but certainly go DIY and who knows what the future holds for Detroit Unleaded which does not have the benefit of name recognition or Jared Leto’s face.
- The lack of prominent DIY and Alt distribution models
- Spring Breakers was a pact between the producers and A24. There were otherwise no prominent examples of DIY releasing, hybrid theatrical or new ideas that sprung out of the festival. Yes, Snoop Lion self-released his doc Reincarnated, but that was to disastrous results and the doc was nothing more than a vanity project.
- Clearly, the fest knew things had to change based on Tuesday’s announcement. In case you’ve been living under a rock or stuck in Venice, Vimeo has offered a game changer to films that will world premiere at TIFF. A $10,000 MG to the films that give Vimeo a 30 day premiere VOD window. If the film makes back the $10k before the 30 days, it switches to their standard and by all accounts fantastic 90/10 split. Yes, YOU get to keep 90%! Any film that’s not a star vehicle would be a fool not to take them up on the offer, especially since they can still seek acquisition. In fact, a smart distributor will see all the free press they will get from the publicity and look for the films that say yes. Naturally, I expect most to do the opposite and argue that the lost revenue will require them to lower their offers. That should be a red flag to any filmmaker if it happens. Similarly, if a sales agent is telling you to pass, so that your film from Croatia can wait for the American dollars to pour in, you should terminate your relationship on the spot! No word yet though on what happens for the films that did the 1-2 punch and premiered at Locarno or Venice.
BONUS
Congratulations to TFC alums with films in the festival.
- Amy Seimetz (Pit Stop) stars in Ti West’s latest flick The Sacrament.
- Jody Shapiro (How to Start Your Own Country) directed Burt’s Buzz
- James Franco (Kink and Interior. Leather Bar) wrote, directed and stars in Child of God, wrote the source material for and stars in Palo Alto, and stars in Third Person. More impressive is the fact that he has had films at Sundance, Berlin, SXSW, Tribeca, Cannes, Venice, and Toronto this year.
I’ll be on the ground in Toronto again this year and hope to report back about my findings and the deals made.
Below is a list of films from TIFF and how they’ve performed at the box office. I chose not to include any film that was from a studio or mini major and opened wide. I also chose not to include films that premiered at Berlin, Sundance, or SXSW and had already secured distribution.
Film | Distributor | Box Office Gross |
Come Out and Play | Cinedigm | $2,638 |
What Richard Did | Tribeca Film | $2,749 |
Inescapable | IFC | $4,327 |
The Time Being | Tribeca Film | $5,274 |
The Brass Teapot | Magnolia | $6,997 |
Inch’Allah | EOne | $9,155 |
I Declare War | Drafthouse Films | $10,793 |
Greetings from Tim Buckley | Tribeca Film | $11,157 |
Viola | Cinema Guild | $15,471 |
The ABC’s of Death | Magnet | $21,832 |
Pieta | Drafthouse Films | $22,080 |
The Patience Stone | SPC | $23,296 |
Far Out Isn’t Far Enough: The Tomi Ungerer Story | First Run | $27,156 |
The Bay | Roadside Attractions | $30,668 |
Berberian Sound Studio | IFC | $31,641 |
How To Make Money Selling Drugs | Tribeca Film | $39,192 |
Passion | Entertainment One | $40,100 |
The Fitzgerald Family Christmas | Tribeca Film | $50,292 |
Venus & Serena | Magnolia | $51,271 |
Aftershock | Radius-TWC | $58,510 |
More than Honey | Kino Lorber | $66,728 |
Leviathan | Cinema Guild | $72,816 |
Something in the Air | $73,306 | |
No One Lives | Anchor Bay | $74,918 |
Stuck In Love (Formerly Writers) | Millenium Entertainment | $81,071 |
Byzantium | IFC | $85,252 |
Storm Surfers 3D | Xlrator | $117,090 |
Free Angela and All Political Prisoners | Code Black | $129,102 |
Midnight’s Children | Paladin/108 Media | $190,022 |
No Place on Earth | Magnolia | $200,238 |
Arthur Newman | Cinedigm | $207,853 |
Tai Chi 0 | Variance/Well Go USA | $212,094 |
Blancanieves | Cohen Media Group | $240,310 |
Museum Hours | Cinema Guild | $304,145 |
A Werewolf Boy | CJ | $342,922 |
Act of Killing | Drafthouse Films | $379,598 |
At Any Price | SPC | $380,594 |
In the House | Cohen Media Group | $389,757 |
A Hijacking | Magnolia | $401,366 |
The Reluctant Fundamentalist | IFC | $528,731 |
Still Mine (formerly Still) | Samuel Goldwyn | $586,767 |
To The Wonder | Magnolia | $587,615 |
Hannah Arendt | Zeitgeist | $636,505 |
The Thieves | Well Go USA | $685,839 |
Lore | Music Box Films | $970,325 |
From Up on Poppy Hill | GK | $1,002,895 |
Ginger & Rosa | A24 | $1,012,973 |
What Maise Knew | Millenium Entertainment | $1,065,000 |
The Lords of Salem | Anchor Bay | $1,165,882 |
Girl Most Likely (Formerly Imogene) | Roadside Attractions | $1,377,015 |
Disconnect | LD | $1,436,900 |
Kon-Tiki | TWC | $1,517,410 |
A Late Quartet | Entertainment One | $1,562,546 |
The Attack | Cohen Media Group | $1,580,787 |
Stories We Tell | Roadside Attractions | $1,584,890 |
Love is All You Need | SPC | $1,608,982 |
Unifnished Song (Formerly Song for Marion) | TWC | $1,634,532 |
Fill the Void | SPC | $1,757,195 |
English Vinglish | Eros | $1,862,086 |
The Iceman | Millenium Entertainment | $1,943,239 |
The Gatekeepers | SPC | $2,415,727 |
Emperor | Roadside Attractions | $3,346,265 |
Frances Ha | IFC | $4,043,502 |
Much Ado about Nothing | Roadside Attractions | $4,262,205 |
The Company You Keep | SPC | $5,133,027 |
Hyde Park on Hudson | Focus | $6,376,145 |
Anna Karenina | Focus | $12,816,367 |
Spring Breakers | A24 | $14,124,284 |
The Master | TWC | $16,377,274 |
The Perks of Being a Wallflower | Summit | $17,742,948 |
Quartet | TWC | $18,390,117 |
The Impossible | Summit | $18,889,600 |
The Place Beyond the Pines | Focus | $21,403,519 |
Silver Linings Playbook | TWC | $129,729,000 |
Clip | Artsploitation | BO Not Reported |
Pusher | Radius-TWC | BO Not Reported |
Iceberg Slim: Portrait of a Pimp | Phase 4 | BO Not Reported |
Janeane from Des Moines | Red Flag Releasing | BO Not Reported |
Reincarnated | DIY | BO Not Reported |
State 194 | Participant Media | BO Not Reported |
The Secret Disco Revolution | Screen Media | BO Not Reported |
Wasteland | Oscilloscope | BO Not Reported |
The Lesser Blessed | Monterey Media | BO Not Reported |
Motorway | Media Asia Films | Digital Only |
Everybody Has a Plan | 20th Century Fox | Digital Only |
London-The Modern Babylon | Brittish Film Institute | Digital Only |
Lunarcy! | Epix | Digital Only |
Camp 14 – Total Control Zone | Netflix | Digital Streaming |
Picture Day | Arc Entertainment | Digital/DVD only |
My Awkward Sexual Adventure | Tribeca Film | Digital/DVD only |
The Deep | Focus World | Digital/DVD only |
Bad 25 | ABC | TV |
9.79 | ESPN | TV |
Casting By | HBO | TV |
First Comes Love | HBO | TV |
Love, Marilyn | HBO | TV |
A Liar’s Autobiography | Epix | TV |
Mea Maxima Culpa | HBO | TV |
Roman Polanski: Odd Man Out | Showtime/Gravitas | TV/Digital |
Jayne Mansfield’s Car | Anchor Bay | Not Yet Released |
The Last Time I Saw Macao | Cinema Guild | Not Yet Released |
Men At Lunch | First Run | Not Yet Released |
Out in the Dark | Breaking Glass | Not Yet Released |
Thanks For Sharing | Roadside Attractions | Not Yet Released |
Zaytoun | Strand Releasing | Not Yet Released |
Shepard & Dark | Music Box Films | Not Yet Released |
Capital | Cohen Media Group | Not Yet Released |
Mekong Hotel | Strand Releasing | Not Yet Released |
Three Worlds | Film Movement | Not Yet Released |
Ghost Graduation | Fox | Not Yet Released |
The End of Time | Sony Pictures Worldwide | Not Yet Released |
Great Expectations | Outsource Media Group | Not Yet Released |
Twice Born | Entertainment One | Not Yet Released |
The Deflowering of Eva Van End | Film Movement | Not Yet Released |
Bryan Glick September 5th, 2013
Posted In: Distribution, Film Festivals
Tags: <u, A Late Quartet, Act of Killing, Aftershock, Artifact, Casting By, Come Out and Play, Detroit Unleaded, distribution, Dredd, Eagles, film sales, Frances Ha, Girl Most Likely, independent film, Lords of Salem, Love, Marilyn, Mea Maxima Culpa, Midnight Madness, Much Ado About Nothing, Museum Hours, Reincarnated, Spring Breakers, Stuck in Love, The Attack, The Thieves, TIFF, Toronto International Film Festival, Unfinished Songs, Vimeo
TIFF RIFF Part One-The Numbers, Advice, and Excitement
Toronto International Film Festival (TIFF) starts this week and I will be there for almost the entire festival where I anticipate seeing 45-50 films before I depart. TIFF is not a film festival; it is a giant marathon that is almost beyond comprehension. If you believe that more is better, then this is the place to be. Think of TIFF as an 11 course film meal anchored by spam on steroids!
Last year’s festival had 289 features (More than Sundance and SXSW combined!). Of these films, just over ½ (146) were world premieres. Less than 60% of total films at the festival, as well as fewer than 60% of world premieres, have managed to secure US distribution as of this writing. It’s important to note that the films at the fest came from 72 different countries and certain locales (USA, Israel) fared much better than others (All of Africa). Given that this is a major international festival, several films were able to secure international territories even if US distribution proved elusive.
Part of what makes the festival so large is the presence of studio films that take up a lot of the press, along with several North American Premieres from Cannes (36), Venice (16), and Locarno (9). Combined these films make up over 20% of the festival. 41 films or a little over 14% from the 2012 festival grossed over $1,000,000 theatrically in the States. While the number of films in total is quite impressive, the percentage puts it right in line with last year’s Sundance crop. Of these films, ½ a dozen were studio releases and really don’t belong in the total. Another ½ dozen premiered at Cannes, Berlin, or Sundance.
The world premieres fared slightly better with 16% surpassing the same benchmark. But if the studio films were removed from the equation, they drop to 13%, and of those, slightly more than half came to the fest with distribution attached.
So, why all the boring and headache inducing number? I think that with its start of the Oscar campaign season and studio gems, the festival often gets a distorted reputation. While it’s a great place to be if you’re a star driven vehicle, the reality is that there is an entire Sundance film festival worth of films that have yet to get distribution in the States!
The festival has a much larger international presence and many of these films have since been released in upwards of two dozen countries, even with the largest film market never coming into play. While the vast majority of these films are foreign and many are from countries that don’t have sizable diaspora populations in the States, several English language films still are struggling to find a way to release. “Detroit Unleaded” is the perfect example. It’s one of the few American films to be left behind, even though it won an award at the festival. Of course with over 4,000 submissions, the odds are still stacked against you getting into the people’s festival.
I want to talk about the two real problems of TIFF. One is easily fixable and the other is not.
First, nobody at TIFF is thinking outside the box when it comes to distribution. Almost all of the films were traditional acquisitions (“Much Ado About Nothing”) or self-funded DIY vanity projects (Snoop Dogg’s “Reincarnated”). Percentage wise, more films from Tribeca and SXSW will see the light of the day because they had a plan B or C. They were open to DIY or non-theatrical distribution. For everyone who is going to TIFF, PLEASE, PLEASE, PLEASE don’t wait for that giant offer to come, because unless your film stars Ryan Gosling or has been deemed Oscar bait, the major payoff isn’t going to happen. Similarly, the festival is in September and there are no major US festivals till January. So you should already have your US premiere strategy thought out to help compensate for the months and months where you will not be able to generate press.
The other problem is simply the gluttony of films competing for attention. TIFF is simply not going to show fewer films. I wish they would consider it, so that movies playing can get more attention, or just cut all but one or two studio films from their roster. Since the gluttony of choices gives them major revenue and prestige, that is unlikely to happen. If you’re going to TIFF, this means you MUST have a stellar publicist and be ready to talk to anybody and everybody that you can. Promote the hell out of your film. Without fail, almost all the American non-star driven indies that go are too slow to set up their social media operation. Toronto is only a small body of water away from the States and I encourage you to let the world know early and often about your film.
I personally LOVE TIFF. Last year I saw so many incredible films there, and I’m not just talking about Oscar darling “Argo”. There were so many mind-blowingly wonderful films I stumbled upon, some of which have distribution and one film that hasn’t even screened in the States yet.
I look forward to discovering more of the hidden gems this year at the festival and am happy to meet with any filmmakers to discuss how to connect their wondrous visions with audiences around the world.
STAY TUNED FOR PART 2 will look at how specific films performed
Bryan Glick September 3rd, 2013
Posted In: Film Festivals, International Sales
Tags: Bryan Glick, film distribution, Film Festivals, film sales, TIFF, Toronto International Film Festival
Do festival awards matter?
The simple answer is “yes..well…sometimes.” Like most questions in this business, there is a simple answer for casual conversation, and a truer answer for a more in-depth analysis.
It would be nice to say that all film festival awards are valuable for independent film distribution, but the truth is that it mostly comes down to what Festival it is (what actual award it is is less important for the most part). The simplest rule is, if a particular Festival matters, then an Award from that Festival matters even more. If a particular festival doesn’t show up on anyone’s radar, then the Award won’t either. The easiest comparison to draw is the use of press/publicity quotes in marketing…i.e. nobody cares about a glowing review from a press outlet they’ve never heard of. But if a respected journalist at a respected publication gives you a great review…well that matters a great deal.
We’ve worked on a lot of seemingly “small” films, like CONTRACORRIENTE by Javier Fuentes, VALLEY OF SAINTS by Musa Sayeed, A RIVER CHANGES COURSE by Kalyanee Man, and THE INVISIBLE WAR by Kirby Dick that jumped up hugely in prestige and profile when they won big awards at the Sundance Film Festival. Suddenly “everyone that’s anyone” had heard of these films even though they paid no attention to them just two days before. By getting the ultimate stamp of approval, they suddenly became “serious” films in the minds of those who pay attention to such things.
But let’s not exaggerate… as much as they changed the general perception of the films, I don’t think they really changed the acquisitions picture for any of these particular titles. Maybe the PRICES went up for those that did get bought, but I don’t think it radically changed the number of buyers interested in the titles. And not all of those ever got serious acquisition offers anyway.
I think there are three major ways that festival awards matter. First of all, it distinguishes you from the glut of available titles at any given festival as one of the films that one should pay attention to first. Meaning, if you are the kind of person (Industry, press, or consumer) who is paying attention to a particular festival, then of course one easy way to determine what one should see first is by starting with the ones that have won the awards. I think this is PARTICULARLY true for OTHER film festival programmers, who face the daunting task of pouring through thousands of available titles and submission to their festival. Why NOT start with the ones that are winning awards? Its just good triage technique.
Secondly, if someone is a discerning film consumer looking to discover new films to watch, why wouldn’t you pay attention to the films that are winning the awards? To that end, I think the right Festival Awards have tremendous marketing value…but really only for the discerning consumer. So, that’s not the majority of consumers, but there ARE a lot of cinephiles out there. And they are the first audience any independent filmmaker wants to reach.
Let me give you a simple marketing example….I am on the e-newsletter of LOTS of films that send me updates on their progress all the time…and for the most part I pay no attention to them. But if I start to notice that the film is winning a lot of great awards…which can be easily put in the subject line and the header of the email….of course I take note of that and of course I become more interested in the film. Suddenly it changes in my mind from one of a million films vying for my attention to one that must deserve my attention…because it is being validated by “tastemakers” I have heard of and have some respect for.
On the subject of the marketing value of Festival Awards, there are a couple of truisms I’d like to address:
1) The general perception is that Audience Awards matter more than Jury Awards, because they reflect the will of the people (which more closely resembles your eventual target audience), while Jury Awards reflect the view of the elite (those select insiders chosen by festivals to judge according to their own snobby tastes). In truth, I don’t think this theory stands up to rigorous analysis of the data. Sometimes it is the opinions of the jury that most closely mirror the press and taste-makers that propel a film onto greater success after its Festival run.
2) Part of the problem with Audience Awards is that in many ways they are popularity contests, not dissimilar to high school president elections. Because of the way Audience Awards are voted on by everyone in a given screening, sometimes its just the film that packs the house with the most crew and friends and close-knit community that wins the Award. Sometimes even a great Q&A can swing the results. And enterprising filmmakers should take note of this….as it is not unusual for a small film in a small theater to win an Audience Award because the filmmaker simply had more friends in attendance than anyone else did.
Unfortunately, the dominance of digital distribution in today’s independent market has made the marketing value of film festival awards a lot LESS relevant than they used to be….and that’s because iTunes, cable VOD et al don’t really offer much marketing space where you can actually SEE any of the Festival awards. When you used to browse through a video store and pick up the box cover, you could actually SEE all the laurels and rent it for that reason. Now you’re going to have to see the laurels in an email or banner ad or hear about it in a review or something…and then go LOOK for the film. That’s a lot less immediate than it used to be, and it makes the job of marketing a lot harder.
Finally, lets not downplay the fact that a lot of Festival Awards come with MONEY! There are some staggeringly large Festival awards out there…Dubai, Heartland etc…but I don’t advocate submitting to festivals just to go after the award money. That’s just gambling and your odds are probably better on a slot machine. But when a film starts to rack up a few awards, it can certainly get into the five figures of revenue…..and in this market that’s certainly nothing to sneeze at!
Jeffrey Winter August 1st, 2013
Posted In: Film Festivals
Tags: A River Changes Course, awards, Contracorriente, Digital Distribution, distribution, festival programmers, Film Festivals, independent film, Jeffrey Winter, prizes, Sundance Film Festival, tastemakers, The Film Collaborative, The Invisible War, Valley of Saints
Dorothy, we ARE in Kansas. Forget about Oz
I feel like a broken record. There is nothing I am writing here that I have not said and written many times before. Still. After all that has gone on in distribution. The willful blindness of filmmakers believing in the Oz fairytale of going to a festival, A-list or otherwise, without putting in the work of building an audience around their film, with the hope of a big sale. It is an unsupported hope of a deal that does not merit the delay of doing the work to connect with fans. They may go with a very skilled sales agent, and yet the sale that is made, if any, is one that the filmmaker could have done directly without giving up rights to their film and possibly even have done without signing such agreements because the offer was too low.
To be honest, we’re big fans of doing distribution deals in tandem with direct distribution by the filmmaker, so it’s not doing the deal that bothers me, especially not if it’s a good offer and additional work is going to be performed by the distribution company in service of the film. What is a big deal is the lost marketing opportunity that comes from waiting for this mythical deal for too long. The failure to capitalize on all the buzz and press that happens at a festival which gives a small film the launch it needs to resonate with fans and convert them to purchasers. Too many times, the filmmaker is told (by the industry) to hold out for an offer that never comes. The real indie film landscape looks much more like Kansas after the tornado, rather than the Emerald City. There is no yellow brick road that leads everyone to “the wizard” with the money. We are all building our own road.
This myth of waiting for the big offer is perpetuated in the press and by the industry. A few films get lucky and go to Sundance, SXSW, Cannes etc., and, for one reason or another, a distributor pays a lot of money to buy them. Why does that happen? Sometimes “festival fever” is high among the buyers to compete with each other and pressure to make higher bids than they should. Sometimes it’s a new distribution company trying to prove itself by outbidding more established players. Sometimes it’s personal like wanting to produce the director’s next film. Sometimes a film warrants paying good money for it, so sure is the buyer that they have an audience winner, or film that will be critically acclaimed or a major award winner. In any case, that happens very few times a year to be sure. MOST deals these days (relative to the number of films made and even shown at festivals) are not like that.
Generally, the money offered upfront does not even make the investors whole. The money ultimately remitted to the investors does not yield a profit most of the time for films without big name cast or at the top of their genre category. It seems to me filmmakers focus on the exceptions, the success stories, and ignore the rest of the data.
I was asked via our Facebook page to estimate what the budget for LGBT films should be because it is the kind of films we have A LOT of experience handling. Based on all our work in that space, I can say if you make your film for more than $150,000, you are taking a big risk of remaining in the red. It may still be a risk that at that price, but if it has decent production value, a very good story and pops at the right festivals, you can do deals and DIY and monetize all revenue fronts to make that budget back… maybe even as much as $250,000. But again, that is the exception, not the rule because there are a lot of Ifs in that last sentence. Often the revenue outcome is less in fact. Time to get to know the real story, not the ones being perpetuated to show financial success as the norm.
What I am urging now is to be MINDFUL OF TIME and LOST OPPORTUNITY and not just search for the yellow brick road expecting the wizard to make magic happen for your film. There’s just not that much magic left. While there still is some talent “getting discovered” (and to be honest this is often happening first in lab programs, not at prestigious festivals), big deals being done, careers being made (this happens annually at Sundance and even SXSW), you need to be honest with yourself about where your work lies in that realm of possibility based on the elements you have in place right now. At least have a back up plan put into action that sets up the film for capitalizing on the audience you have been building and continue to build at first shot out in public. So many films lose that chance and it will never come again for them. The task is too arduous to start all over again after the glare of the initial media and attention dies down.
This would not be a Film Collaborative post if I did not share some data with you about what is happening with films that are building their own roads to “Oz.” More specifics will be provided in the next post because we are waiting for it to come in, but for now let’s take a look at one avenue that filmmakers are still questioning, selling streams from their own website.
At Sheffield DocFest, Sheri Candler talked to DIY platform DISTRIFY with whom TFC works as does Wolfe Video, for example. Filmmakers should think about using services such as Distrify for both the purpose of selling off one’s site(s) and/or if one’s conventional distributor partners with the service (in which case hopefully the filmmaker has an affiliate relationship and receives a healthy percentage from any sales they make from their own website). Distrify cautions that for the most part filmmakers think they can put a film on a platform and wait for the cash to roll in. “We have probably 3,000 films on the service now and I’d reckon that nearly half have never sold at all- because they’ve never told anyone that they are there!,” said Peter Gerard, co founder of Distrify. For stronger films that appeal to an identifiable niche, if filmmakers make the effort to audience-build and market to that audience, Gerard says those films sell a few thousand units… For the UK, for example, these numbers are compatible with conventional DVD sales and the market as a whole. A market that is a fraction of the one in the US.
Gerard also says “Mailing lists are still the most effective way to sell – our data shows that a well-written and well-targeted mail-shot converts at a much higher ratio than Facebook or Twitter posts. Gathering Facebook likes or followers is maybe somewhat helpful, but is primarily a vanity exercise. The top-performing films focus on direct links with people via emails, blogs, and real-life events.” All this stuff TFC’s been shouting about for years (build an email list, build relationships with fans etc) can be verified in the data! We want to add that building your Facebook and Twitter accounts can demonstrate appeal to distributors seeking to assess a title to buy so we still recommend it if you are looking to make a sale. And, in the US, it may help drive awareness for the sake of building demand on commercial platforms such as Netflix.
Gerard goes on to note: “I don’t think it helps most people to say this movie made $40k or this one made $20k. I think that can be misleading because I firmly believe there is no such thing as an “average low budget film” nor a “usual amount of marketing”. We work with a wide gamut of films, and success is measured very differently depending on a range of factors. We’ve had some filmmakers earning a few hundred bucks a week and re-investing that immediately into low-budget production of serial dramas or new films. We’ve paid Nigerian filmmakers 4-figure sums recently. A first-time filmmaker earned $10k in a few weeks on a super-niche short documentary and re-invested the profits into both charity donations and DVD production for selling on the ground via real-life social networks. All of these are considered big successes for the people involved.” One of TFC’s filmmakers will be a case study down the line as the film has been a standout performer on Distrify, but that is because of the filmmakers’ efforts, her long-standing brand, and also efforts of her distribution partner.
In another future post, we will be highlighting a filmmaker who has taken a completely different path to releasing his work. Rather than living in NYC or LA, he lives in Memphis, TN, a way cheaper place to live and to film in. He has built a respectable following of his own because he’s tapped into a specific niche (not LGBT) audience that is large enough to support the films he is making.
He seems happy and his sustainable filmmaking career is a refreshing reminder that it is possible to turn away from conventional wisdom on how things in the film business work. He’s is building his own road and it might never lead to Oz, but he is the wizard pulling the levers for his work in the “post tornado Kansas” that is today’s indie film landscape.
Orly Ravid July 18th, 2013
Posted In: Distribution, DIY, Film Festivals, Marketing
Tags: direct distribution, Distrify, Film Festivals, filmmaker fairytale, independent film distribution, Orly Ravid, Peter Gerard