Cannes Market Anxiety: Strike Fallout Threatens Star-Studded Movies

  • 📰 Variety
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The stars are out at this year’s Cannes, and not just on the red carpet that leads up to the splashy premieres that make the festival the most glamorous celebration of movies in the world. Fr…

, which also reps Dave Bautista action thriller “The Cooler” and the Stephen King adaptation “The Life of Chuck” as well as a Maria Callas biopic from Pablo Larraín that is set to star Jolie as the opera diva.

The star-spangled product glut reflects one of the biggest ironies at this year’s Cannes: the fact that the WGA strike coincides with the international sales business on something of a rebound. And there are more paths to profitability. Home entertainment revenues have consolidated, with global streaming platforms, pay TV incumbents and now traditional broadcasters’ VOD services all battling for the pay one window, Moszkowicz observes. That’s cushioned the blow for movies that have struggled to find their audience.

“In terms of major territories and foreign presales, the marketplace feels more alive,” says Nick Shumaker, at Anonymous Content’s AC Independent. He notes that if you’ve got the right projects, you don’t need to “the kind of antiquated fictional strategy of just selling everything to streamers.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Distribution Workshop Takes Sales Rights To Jackie Chan Action Adventure ‘A Legend’ – Cannes MarketTaipei-based sales agency Distribution Workshop has picked up international sales rights to $50M action adventure A Legend, starring Jackie Chan and directed by Stanley Tong.  A sequel to Chan…
Source: DEADLINE - 🏆 109. / 63 Read more »

Asian Stock Market: Solid Fed’s rate hike pause bets improve market sentiment, oil rebounds sharplyMarkets in the Asian domain are showing all-recovery strength as expectations for a pause in the policy-tightening spell by the Federal Reserve (Fed)
Source: FXStreetNews - 🏆 14. / 72 Read more »

Alec Baldwin’s ‘Rust’ Returns to Cannes With New Sales Company (Exclusive)Almost 18 months after the tragic shooting of its cinematographer Halyna Hutchins on the set, the Western — which resumed filming in April with Hutchins' widow as a producer — is now being sold by Goodfellas.
Source: THR - 🏆 411. / 53 Read more »