Toronto: Dual Strikes Transform TIFF Into an Industry Stress Test

📆 9/8/2023 7:51 AM
📰 THR

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After robust business in Venice, insiders say Toronto will be the 'turning point' for determining whether buyers will still write checks amid the continuing labor disputes: '[It] could be a killer market — or it could be dead.'

But for the industry mainstream, Toronto will be the real stress test.

“Toronto could be the real turning point where we see if buyers are going to invest or are going to pull back,” notes one sales agent with several titles at TIFF, both finished films seeking domestic distribution and presales titles. “We’ll see if buyers, and financiers, are willing to take risks now that could pay off later.”

“We’re looking at films with [interim agreements],” notes Dirk Schweizer, managing director of German distributor Splendid Film, which typically buys projects at the script stage. “Because you at least know those films will get made, and we need to fill our slate.”

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