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Filmtake | Cannes => Toronto GLOBAL SNAPSHOT Q2 & Q3 2013 100 63 96 155 589 237 181 401 115 17 86 13 page 2 TABLE OF CONTENTS Cannes => Toronto Report 4 Background 5 Contribute 5 Future Reports 5 Data & Findings 6 Sales By Region 6 Sales By Territory 7 Sales Composition 8 Sales By Genre 9 ISA Summary 10 Output Deals 12 Finance 14 Global Market Analysis 15 Regional Growth Rates 16 Regional Findings 17 Regional Buys 21 Western Europe 21 North America 39 English-Speaking 51 Asia 59 Central & Eastern Europe 74 Southern Europe 83 MENA 91 Latin America 98 page 3 Cannes => Toronto Report 2,258 Acquisitions on 447 Film Titles between 147 Sales Agencies and 788 Distributors FilmTake™ compiles film acquisition information from multiple sources in an up-to-date report for competitive, market and target analysis. The purpose of this report is to provide a distribution research tool for independent film professionals. This double-issue Cannes => Toronto Report provides detailed sales activity on 2,258 film acquisitions that transpired in Q2 and Q3 of 2013. Most of the sales activity detailed within is months from being updated on IMDbPro, Cinando et al. While the information provided in this report represents the most comprehensive resource for tracking the latest film distribution activity available, it does not contain every sale within the period. As the capabilities and sources of FilmTake expand, so will the depth and breath of future reports. The full package consists of three parts: 1. 100-page Cannes => Toronto Report includes data and findings on 2,258 territorial acquisitions over the past six months, market analysis by geographical region and distribution news, including output deals, financing arrangements and notable acquisitions (this document). 2. 138-page Film Supplement provides details on 205 films, including Logline, Genre, Director, Cast, International Sales Agency, Buyer, Stage and Ter r itor y. 3. Cannes => Toronto Workbook is a MS Excel workbook containing the raw data on all 2,258 acquisitions sortable for personalized research and analysis. page 4 Background The 2013 Cannes Market Report was published in August 2013, containing sales activity on 673 film buys covering 117 films between 58 international sales agencies and 314 distributors. The response to the report outperformed expectations in both the number of reports sold and in the amount of information contributed by sales agents, distributors and producers. Contribute Contributors to FilmTake are helping transform the way information is disseminated in the film industry in remarkable ways. We are pleased to announce several new sources of sales information that started contributing during the Toronto International Film Festival. Professionals interested in contributing sales information can receive free access to reports and future online subscription services. To learn more please contact us via email us at [email protected]. Future Reports FilmTake will publish, or make available through FilmTake.com, four (4) quarterly reports. The first quarter report will be released in March and cover sales activity at EFM and Sundance. The second quarter report will be made available after Cannes. The third quarter will follow TIFF, and the fourth quarter will follow AFM and year-end pickups. As the economics of independent film become more transparent, data collection and analysis will enable producers, filmmakers and industry professionals greater access to capital through market intelligence rooted in current market conditions. page 5 DATA & FINDINGS Sales By Region Q2 & Q3 2013 375 500 0 125 250 W. Europe 474 Asia 401 N. America 333 English-speaking 223 C. & E. Europe 218 S. Europe 200 MENA 181 LatAm 115 Scandinavia 100 page 6 Sales By Territory Q 2 & Q 3 2 0 1 3 U.S. 237 France 120 U.K. 115 Germany 109 Benelux 107 Canada 96 Australia 86 Turkey 70 Swiss 70 Japan 64 CIS 63 Italy 62 MENA 55 LatAm 50 Greece 48 Hong Kong 48 Spain 48 S. Korea 44 Taiwan 44 Israel 42 Scandinavia 42 Poland 41 Portugal 40 India 34 Thailand 31 Former Yugo 30 Brazil 28 Singapore 27 Indonesia 24 China 23 0 50 100 150 200 250 page 7 Sales Composition Q2 & Q3 2013 Production Stage when Acquired 316 274 213 150 153 138 139 127 110 80 69 61 60 58 51 43 46 32 28 20 17 15 13 10 13 3 3 W Europe Asia N. America English-speakingC & E Europe S Europe MENA LatAm Scandinavia Completed Presale Production/Post page 8 Sales By Genre Q2 & Q3 2013 Drama 947 Action / Adventure 274 Thriller 264 Comedy 259 Biography 108 Documentary 97 Crime 84 Horror 75 Animation 73 Other 51 Fantasy/Sci-Fi 26 0 250 500 750 1000 page 9 ISA SUMMARY Of those International Sales Agencies (ISA) reporting, Wild Bunch had the most sales with 150. However, more than 98% of these sales were on completed titles. The two titles that presold were Scorpion in Love and Two Days, One Night. Lionsgate had a very strong six months with 127 sales detailed in this report. Of the 127 sales detailed nearly half, 67, were presales for major titles including: Hunger Games, The Last Witch Hunter, Reawakening, John Wick and Step Up 5. The Canadian giant indicated to shareholders they made 250m worth of sales during Cannes. FilmNation reported third overall with 108 sales, more than half were presales for self/less, Solace, and The Imitation Game. Voltage Pictures logged 91 sales, most recent were presales on Eden and hot titles Dallas Buyer’s Club, Don Jon and The Grand Seduction. The Match Factory reported an impressive 87 sales in the period - perhaps the most diverse slate of any sales agent. The Lunchbox was a big title at Cannes for the Cologne sales agent. Night Moves moved at TIFF and they continue to prove they are one of the best, handling challenging material with multiple sales on the Greek film Alps. Memento Film reported 89 sales on market notable films such as Blue Ruin, Ilo Ilo, The Past, which scored a multi-territory deal with Sony Pictures Classics, and the horror title We Are What We Are, which went to Entertainment One in all English-speaking territories, France and Scandinavia. At Cannes, Exclusive Media introduced its only presale title reporting Pelé. Exclusive Media had 67 sales overall including Rush, The Green Inferno, Parkland, Can a Song Save Your Life? and Therese, which went to Sony Pictures Worldwide Acquisitions in a multi-territory deal. Passengers, also handled by Exclusive Media, starring Keanu Reeves and Reese Witherspoon Rachel McAdams, prompted The Weinstein Company to double-down (Man of Tai Chi) on Keanu Reeves and pickup US rights for the Sci-Fi drama. page 10 All the Sierra/Affinity deals reporting were on presales, including most recently Nightcrawler, The Coup, How to Catch a Monster, Heat, and The Vatican Tapes also recorded brisk business. At Cannes, IM Global and Martin Scorsese scored 22 sales on the upcoming Silence. Good Universe registered sales on Candy Store. Panorama Media excited buyers with genre-bending Pride And Prejudice And Zombies. Nu Image introduced Survivors and Voltage touted Testament. Notable U.S. Acquisitions Two of the biggest deals over the last six months included Universal’s worldwide rights deal for Bad Words at a $7m price tag. Not to be outdone, The Weinstein Company picking up Can a Song Save Your Life? also for $7m. At Cannes TWC acquired US, Canadian and Spanish rights on Philomena for 6.5m, a high watermark at the market. Also by the numbers, CBS Films picked up The F Word for $2.75m, Millennium Entertainment acquired the John Turturro helmed Fading Gigolo for $3m, Horns went to Dimension for $3m and Blood Ties went to Lionsgate / Roadshow Attractions for $2m. Magnolia Pictures took home The Sacrament from TIFF for $1.3m, and Sony Pictures Classics acquired The Past at Cannes for $1m. Music-related films were hot at Cannes. Focus Features presold the Amy Winehouse documentary to 15 territories. Open Road picked up domestic rights to the Gregg Allman project based on the book of the same name - My Cross to Bear. Mark Damon’s Foresight Unlimited was in town with Justin Timberlake preselling Spinning Gold about a 1970’s music mogul, Neil Bogart. Exclusive Media registered sales on Metallica - Through the Never. The Exchange sold domestic rights of CBGB to XLrator. page 11 Output Deals IM Global IM Global and Impuls Pictures signed an output deal covering Switzerland. Universum Film, a subsidiary of RTL, have committed to distributing the sales agency’s wares in Germany and Austria. They recently signed with To p F i l m who will distribute in the Baltic States, Bulgaria, Czech Republic, Former- Yugoslavia, Hungary, Poland and Russia/CIS. Sun Distribution also became output partner for Latin America. IM Global is looking to emulate the output strategies of Lionsgate and Relativity Media with great success. With the backing of Reliance Group of India since 2010, they are best positioned among all international sales agencies to join the ranks of mini-major in the coming years. Mister Smith Entertainment Mister Smith Entertainment, which represents DreamWorks titles in Europe, inked multiple output deals including with Metropolitan for France, Inter-Film in Ukraine and a multi-territory arrangement with MediaPro covering Bulgaria, Czech Republic, Hungary and Slovakia. These add to recent deals with Constantin Film for Germany, Austria and Switzerland, Entertainment One for the U.K and Benelux, Nordisk Film for Scandinavia and Italia Film in the Middle East. Relativity Media Relativity Media added to their 30 worldwide output partners with Tanweer in India and Feel Good in Greece. Relativity International also introduced Mojave and The Man On Carrion Road at Cannes starting a two-film deal with Atlas Independent, a Los Angles-based production company.
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