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Monday, September 15, 2014
Toronto Film Festival: Smaller Deals Show Tough Market for Indie Film | Variety
Toronto Film Festival: Smaller Deals Show Tough Market for Indie Film | Variety: For a few hours over the weekend, the Toronto Film Festival looked like its old self — a wild game of “Let’s Make a Deal.” After Chris Rock’s “Top Five” premiered on Saturday night to ecstatic reviews, at least three studios entered a horse race to scoop up the comedy. The bidding ballooned to $12.5 million for worldwide distribution, and Paramount Pictures landed the prize. But after the dust settled, Toronto went back to business as usual: small deals where the studios kicked tires and looked more like picky homebuyers in a slow economic market.
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