The Movie Budget Expert
The Movie Budget Expert
I began my career producing comedy concerts in Detroit with my brother, then stand-up comedian and now successful Writer/Director of feature films and television, Mike Binder. Following a slew of successful comedy concerts around Michigan, we raised financing to film the concert at the Fisher Theater in Detroit and eventually sold it to HBO with the help of comedian George Carlin.
Moving to Los Angeles, I started from the bottom and worked my way up on several HBO shows including “Robin Williams Live at The Met”, “It’s Garry Shandling’s Show” and “Not Necessarily the News”.
I went to work on ‘Coupe de Ville’ as PA and then Assistant UPM which Mike wrote and was directed by Joe Roth (former Chairman of Twentieth Century Fox & Disney.)
Answering an ad in Variety I became the Assistant to Academy Award Oscar Winning Producer Michael Phillips (‘The Sting’, ‘Taxi Driver’, ‘Close Encounters of the Third Kind’) rising to Vice President of Creative Affairs for his production company while producing feature films for the film arm of HBO.
Setting off into independent production I joined back with my brother Mike again Co-Producing ‘Crossing the Bridge’ (Josh Charles, Jason Gedrick, Stephen Baldwin) which was picked-up by Disney’s Touchstone Pictures. There we scored an On-the-Lot deal, engaged to Produce and Mike to direct ‘Indian Summer’ starring Alan Arkin, Diane Lane, Kevin Pollak, Julie Warner, Elizabeth Perkins and Bill Paxton.
Damon Wayans contacted us to make ‘Blankman’ and we moved over to Columbia Pictures to make that film with a $30 million film budget and substantial vfx for the time. (The animated opening title sequence was something we were really happy with – a throwback to the ‘Batman’ tv series opening.) This began a long relationship with Columbia Pictures and Sony Pictures Entertainment.
Following this stage in our career we launched back into the indie film world, raising film finance to fund the comedy film ‘The Sex Monster’ (Mariel Hemingway, Mike Binder), ‘Londinium’ (Colin Firth, Stephen Fry), ‘The Search for John Gissing’ (Alan Rickman, Alan Corduner, Juliet Stevenson). These were all shot in London and began a long term relationship with British film, England and London filmmaking.
I then Produced and Mike created, wrote and directed ‘The Mind of the Married Man’ (Mike Binder, Sonya Walger, Kate Walsh, Jake Webber, Taylor Nichols) for HBO which ran for two seasons (they balked and then wished to make a third season but we were off back into feature film.)
This lead to our raising film financing for ‘Man About Town’ (Ben Affleck, John Cleese, Rebecca Romijn) and ‘The Upside of Anger’ (Kevin Costner, Joan Allen, Kerri Russell, Even Rachel Wood, Erica Christensen) which New Line Cinema picked-up.
Returning to Sony / Columbia Pictures I Produced ‘Reign Over Me’ starring Adam Sandler in a dramatic role, Don Cheadle, Liv Tyler and Donald Sutherland. The film shot in New York and Los Angeles.
Following this I helped write the Michigan Film Tax Incentive with the Governor of Michigan and the Legislature. I created Michigan Film Production Company and brought films from around the world and the country to shoot in Michigan until the current Governor shut down the program which launched thousands of film careers and the revitalized the industry in Michigan, making the state one of the leaders in US filmmaking for a short period.
Moving on I Executive Produced ‘Tomorrow’ with Martin Scorsese which is in post-production. I continue producing films worldwide with several movies in finance and casting stages at this writing.
I am currently Producing ‘Dionne’ – the story of Dionne Warwick during her period as the voice of Burt Bacharach and Hal David.
I founded FilmBudget.com in the late 90s to assist fellow filmmakers in obtaining film finance by creating a real, accurate film budget and Film Finance Plans to help make my colleagues investor ready. After seeing so many productions fail at the finance level, I determined that having a quality film budget was key to getting the green light so many films require to move into production.
I created the film budget and schedule for all of my movies and have always been on budget and on schedule, working with studio executives and creatives alike to obtain the highest quality at the lowest cost. I put all of this knowledge into every budget I create. Likewise I provide film production consulting services for select filmmakers interested in my experience and expertise in film production, film tax credits, budgeting and film finance plans.
I continue to Produce and consult via my international production company Greentrees Films.
Additionally I am a film finance and production consultant for several companies and individuals, including the former Chairman of PricewaterhouseCoopers Structured Finance, Omeira Studio Partners (for which I am the Producer Strategic Partner) and Rockwood Financial for which I am a Strategic Film & Entertainment Partner.
Contact me via FilmBudget.com to obtain a quote on services for real film budgeting on your movie or tv series, special or film.
Good luck in filmmaking!
All the best,
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In today’s challenging film finance market investors and financiers have a wide selection of projects to choose from. Invariably they look for ones with all the elements in place that would lead them to choose to invest in a particular film. These elements include an outstanding script, cast, team, finance plan and film budget which must all be first rate.
Fundamentally, a film must have an amazing screenplay. There is no question that a great film can only be made from a great screenplay. There is no fixing this in post.
Secondly, financiers look for an outstanding and marketable cast. The cast must be well known, drivers of international sales, with a known value to the world market for theatrical feature films.
Then there is the team. A solid team of experienced individuals, or at least one or two knowledgeable producers onboard who know the ins and outs of production is a critical factor. In order to invest their money to fund a film budget financiers want to know capable people are managing the movie production and can deliver, on budget and on schedule.
All of these elements are presented to the capital source, the financiers, investors, distributors, foreign sales company, agents and others. This presentation is expected to be top notch and reflective of the filmmaker’s understanding of the market, the production and the priority given to responsibility for results.
This presentation is the Film Finance Business Plan and the Film Budget & Schedule Package. Extremely important to qualified investors and the above money sources is the detailed and accurate nature of these documents. They are the determinant factor for the team and the project in its value as an investment along with all the other factors. Filmmakers should never skimp on these elements as they only get one shot most often with a source of backing for the movie.
Hire an experienced and knowledgeable line producer and executive producer to create your film budget and your movie finance plan. This work and these documents are a reflection on the filmmakers and the strength of the overall package.
FilmBudget.com compiled a list of the film budget of the major hollywood studio movies released in 2015 versus the U.S. theatrical box office, the international theatrical box office grosses and worldwide gross theatrical revenue to compare the budget to gross theatrical revenue.
This is the Part 2 of our film budget vs. theatrical gross report following up on Part 1 which examined The Film Budget, Domestic & Worldwide Grosses of the Top Indie Films of 2015
Listed below in the chart are the top movie releases of 2015 with their corresponding film budget. U.S. gross theatrical revenue and international theatrical grosses are then combined for the worldwide theatrical box office gross figures.
A ratio is created dividing the film budget by the worldwide gross for each title for a film budget vs. gross comparison. It should be noted that this ratio excludes marketing costs, which can be equal to the movie budget of the film production. Including the studios releasing expense of Prints & Advertising (P&A) would potentially reduce this ratio metric by 50%. Likewise excluded are studio overheads and reduction of gross revenue by exhibitor returns (generally estimated at 50% although technically on a sliding scale split between theaters and the studios over the time period of release.)
Thanks to our friends at The Numbers for the comprehensive data.
Please feel free to let us know your thoughts on this analysis and contact us at firstname.lastname@example.org with any feedback and to enquire about our worldwide film budget and schedule line producer services offered through FilmBudget.com
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We have compiled a list of the top grossing independent films of 2015. Detailed below in the chart is the film budget, where available, the domestic (U.S.) gross receipts, the international boxoffice and the combined worldwide gross theatrical revenue.
Indie films listed include films originally released in under 500 theaters by independent distributors or the specialty divisions of the major studios.
The film budget for each film and boxoffice data was obtained as publicly available from IMDB, The-Numbers or other sources which reported the film budget and revenue figures.
Compiled by FilmBudget.com | Film Budget Inc. Sources: IMDB, The-Numbers
All figures are in millions of dollars for both the film budgets of the movies and the revenue from theatrical distribution. U.S. grosses are combined with international revenues for total worldwide theatrical box office revenue figures.
Revenue figures are accurate to the date of writing of this article. Some films are no longer in release while others remain in the theatrical circuits. Films such as ‘Spotlight’ will enjoy an additional box office boost due to winning the Oscar® for Best Picture.
Contact FilmBudget.com for further details and to inquire about our various services, including film budgeting, film finance plans and film tax credits analysis and general film and television production consulting utilizing our 25 years of major studio and independent film production experience.
Now that Sundance Film Festival is in the rear-view mirror, it’s time to focus on the first major European film festival of the year: Berlin. As filmmakers, movie lovers, and stars flock to the cultural capital of Germany, business will surely be in the air. In addition to the excitement of the Festival, the European Film Market will set the stage for some major deals. The festival is an excellent opportunity for a project made with an independent movie budget to charm international sales companies.
Berlin is a festival known for its dedication to bringing international films to a larger audience and sets the artistic standard for the year to come. That being said, the 2016 Berlin International Film Festival should be one for the books.
When: February 11-21
Where: Berlin, Germany
An All-Star Jury Panel
“Taxi” directed by Jafar Panahi won last year’s Golden Bear, touching many with its heart and realism. This year’s winner will be chosen by a legendary jury panel. How legendary, you ask? Meryl Streep is the Jury President, and will be joined by Clive Owen, Nick James, Alba Rohrwacher, Lars Eidinger, Brigitte Lacombe, and Małgorzata Szumowska.
Meryl Streep received the Honorary Golden Bear back in 2012.
A Touching Tribute to the Late David Bowie and Alan Rickman
According to The Guardian, “The festival, which opens on 11 February, will screen Ang Lee’s Sense and Sensibility, in which Rickman plays the key supporting role of Colonel Brandon, while the Bowie tribute will be the 1976 Nicolas Roeg film The Man Who Fell to Earth.”
This is a fitting setting for a tribute to David Bowie, who recorded three highly-acclaimed albums in Berlin.
This year’s Opening Gala will feature the Coen Brother’s highly anticipated “Hail, Caesar!” Starring George Clooney, Scarlett Johansson, and Josh Brolin. The film, which is the final chapter in the Coen’s “numbskull” trilogy with George Clooney, was made with a movie budget of $22 million.
Competition for the Golden Bear
With Meryl Streep leading the jury panel, it’s a safe bet that this year’s winner will be a special one. Movies competing for the 2016 Golden Bear include: Thomas Vinterberg’s “The Commune”, Michael Grandage’s “Genius”, Alex Gibney’s “Zero Days” (documentary), and Mia Hansen-Løve’s “Things to Come”.
Television at a Film Festival?
Instead of competing with TV’s increasing quality, in some cases, that is, Berlin is integrating the medium into its lineup. Festival-goers will be able to catch screenings of cult-hit “Better Call Saul” and BBC’s “Love, Ninia” starring Tom Hiddleston. Tom’s last film, “Crimson Peak”, was made with a movie budget of $55 million.
Times are changing as always in the world of film finance. Today it is just as difficult as ever, if not more so, to obtain financing for your film.
Filmmakers must be aware of the challenges and be armed with current information in order to attract funding for their movie production goals. So here are the top four critical elements required based upon realtime, real world analysis by FilmBudget.com Founder Producer Jack Binder (Reign Over Me, The Upside of Anger, The Mind of the Married Man)
An amazing screenplay is fundamental to getting finance for your film. Likewise it is necessary to attracting the remaining three critical elements.
Notice I did not say “good”, or “great”. This might have sufficed in the past however in today’s market and competition for limited film finance resources your screenplay must be amazing!
Once you have established a good or great screenplay is in hand, you must run it by your most observant colleagues, friends and family to obtain honest criticism to enable you to improve the script to its utmost potential. Writing is rewriting and before you do anything else – make it Amazing!
Investors not only look to an amazing screenplay in which to invest but they are also looking for an outstanding team. Surround yourself with established and successful filmmakers whom augment your credentials.
This includes an experienced director and producer. An experienced director is recognized as showing a track record in delivering on the writer’s vision. They are deemed competent to bring your story to the screen based upon past success.
Likewise an experienced producer is extremely important in building confidence in your film. Investors look to the producer as the manager of the production and someone who has the knowledge and understanding of the filmmaking and movie industry process.
Together these two collaborators bring a sense of comfort and reliability to your production. Again investors invest as much in a team as they do the idea, story and screenplay.
Now more than ever independent film production is driven by cast. With the above elements in place the likelihood of securing top talent is formidably increased.
Finance, international (foreign) sales and distribution are fundamentally driven by the cast committed to your movie. Of course, these must be real and verifiable involvements and not wishful thinking.
The fourth and perhaps most important aspect of securing film financing for your motion picture is a realistic and accurate film budget. Knowing and demonstrating your knowledge and comprehension of the costs of bringing the production to market is a basic factor in a financiers decision to fund.
Your film budget, created by an industry professional line producer or unit production manager, will speak volumes to your investors as to your appreciation of the complexities of finding the right balance in the expense of creating the product. Your budget represents a roadmap to the production for yourself and the investor.
As the industry consolidates upon viable productions, your movie budget determines your awareness of the current market value of your production. Finding the right balance of high production value for the lowest cost is the direct purview of the knowledgeable and experienced line producer engaged in budgeting your film.
Combining the above four critical elements of obtaining film finance will put your movie and your production goals at the head of the line in attracting investment. Money has become much smarter over the recent years and is increasingly risk adverse.
By arming yourself with these fundamental elements you are putting you and your team in a much better position to achieve success than only having one or a few of these in order.
Contact FilmBudget.com to discuss your production, budget, development, production and finance requirements. Our services include budgeting, scheduling, consulting, film finance business plans, film tax credits analysis, creative producer and line producing services.
Creating a film budget for a feature film or a television show is a time honored tradition and craft of the Line Producer or Unit Production Manager. Using extensive experience in making films over many years the process draws on skills learned during these years of production and filmmaking.
To create a film or tv budget Line Producers and Production Managers apply their knowledge and process to create a real film budget and schedule which is used by financiers, investor, banks, film tax credit authorities, foreign sales companies and distributors to evaluate and execute the vision of the screenwriter and the director in coordination with the goals of the producer.
The screenplay or teleplay is read for creative value and consideration first in order to take on the story, characters, dialogue and plot of the script.
A second reading is undertaken to evaluate the script from a production viewpoint. Attention is paid to the overall elements, setting and style of the work.
The next step is a complete breakdown of the total production and creative elements in the screenplay which are required to bring the production to life. Key considerations include bringing experience to bear to determine what the budget level for the picture will fall into: big budget major studio, indie film budget, low-budget or micro budget.
Cast – What level of cast does the story and production call for? How many? Will the highest level of stars be required or a variety of talent levels.
Setting/Locations – Using the Setting as a guide, location considerations are analyzed. Are there multiple countries? Multiple cities? Are there a large amount of locations or is the screenplay contained in its requirement?
Set Dressing – Is it Period? Will it require extensive Set Dressing components or will existing decorations be utilized and sufficient to achieve the vision?
Costumes/Wardrobe: Again, Period? Large Cast and various time periods which will affect the scope and amount of wardrobe required?
Special Effects: Are there needs for extensive Practical Effects (SFX)? Stunts? Pyro-technics? Mechanical rigging?
Transportation – Are there specific Transportation requirements? Travel? Picture Vehicles? Animals? to consider?
Post Production – Is the film, movie or television series heavy in VFX and CGI? Where will post production take place?
The list goes on to include all the departments and which are required to fulfill to requirements of the production. These are a few of the many, many considerations and preliminary decisions which must be analyzed during the screenplay breakdown process.
Based upon the Breakdown and the analysis of the screenplay elements a Shooting Schedule is then created. A veteran and seasoned Line Producer or Production Manager will have great experience in creating and delivering productions based upon their Shooting Schedules which they have created over the course of time and which they have consulted and executed with the First Assistant Director and Director of their films.
Using the above information a Cast Schedule can be created indicating the amount and which days the Cast work. Likewise Locations Schedule and all unique equipment (cranes, rigs, steadicam, etc.) days are included in the Master Shooting Schedule.
Once these processes are undertaken we are ready to commence with the actual film budgeting for the movie. With the above information in hand realistic budgets can then be created.
Knowing the scope and scale of the production will guide this step. Is it a big budget requirement, low budget or micro-budget or somewhere in between? Is this a Major Studio movie or an independent film production? These are critical factors in the creation of the budget.
Based upon the Setting and Locations envisioned for the picture then the best production center is chosen to shoot the film. The budget will consider these factors in selecting the ideal location to base the production.
Creative consideration is the top priority: can we shoot what the screenplay calls for in this particular region, country and city?
Production viability is then determined. Is there a sufficient film production crew base at this location? Will crew members need to be transported to this location? Is there adequate production support for equipment, materials and services? Hotels?, etc.
Next, finance consideration is analyzed. Assuming the best location is chosen for the creative and production value, what local film tax credit or production incentive is offered by this geographical area?
Countries worldwide offer film tax credits and incentives to film in their region. U.S. States likewise offer lucrative film tax incentives to draw production dollars and generate economic impact in their locales. Your film financier will most definitely consider and insist upon this as a key factor in choosing a location to shoot the movie or tv program.
Based upon these factors, with the right location chosen to shoot, the costs are then calculated.
What are the local crew rates?
What are the local materials and services needed and how much do they cost?
What are the costs of getting the cast and crew to the location?
All of these decisions are evaluated and the studio or indie film budget process gets down to the nitty-gritty of evaluating the costs of each element involved in the production. Cast fees, location expenses, production crew, logistics, travel, permits, etc. are included.
All productions are unique and each must be analyzed individually. The overriding goal is the create the greatest production value for the most efficient price.
Once these matters are analyzed and included based upon extensive experience the final step is to ensure inclusion of all expenses, including: Completion Bond, Insurance, Contingency, Finance Costs, Union and Guild Health & Pension costs, Cast Perks, etc. to create a realistic budget for the movie production.
While this is a summary of the work and knowledge that goes into the film budget process it is certainly not complete but should give an approximate overview of the process.
Financiers, Producers, investors, government institutions, production companies and sales companies rely on the accuracy of the work of the Line Producer or Production Manager to effectively and precisely understand and present the true cost of bringing the film to the screen. Small errors can compound to create enormous gaps in the overall financing of the film which can seriously impact the completion and delivery to distributors and therefore returns to investors.
Contact FilmBudget.com to obtain an instant quote on your film for a professional film budget and schedule, film tax credits and production incentives analysis and Film Finance Plans for your production.
Film Budget Inc. has created hundreds of budget and schedule packages for individuals, the Major Hollywood Studios, Mini Majors and independent production companies, financiers, investors and banks in addition to all of those of our own projects.
Jack Binder is Major Studio and Indie Film Producer with over 25 years of experience and the Founder of FilmBudget.com
Jack has served as an On-the-Lot Producer at The Walt Disney Company and Columbia Pictures (Sony Pictures Entertainment) and as the responsible Producer on productions for those Studios as well as New Line Cinema, Lionsgate Films, HBO, Sunlight Productions and many more major and independent film and tv production companies.
Binder’s international film production company is Greentrees Films
Why it is Critical to Obtain a Professional Film Budget and Why Whom Creates Your Film Budget Matters As a Reflection Upon Yourself the Filmmaker & Your Team
In the world of film finance and movie production the figures are more significant then ever. The details and reliability of the figures created in your movie budget by a veteran line producer are critical to the success of the film you are setting out to make.
What is often not appreciated is the compounding nature of those numbers which can lead to make the financing elements largely in error.
As the basis for the funding equation which goes into the packaging of the equity, pre-sales, debt and gap financing elements to finance your film, your movie budget is enormously important in that it be accurate and all inclusive.
Likewise the quality of the line producer’s credentials, associations and experience a filmmaker chooses to engage to create their budget lends significant value to your film stature, finance plan and the funding package overall.
The importance of having a film budget and schedule created for your screenplay for potential buyers is widely known and accepted in sophisticated film finance circles. So much so, that it is the first question asked when a project is submitted: “can you send us your budget?”
FilmBudget.com is the international leader in worldwide film budget and schedule production services, and creates accurate and proven film budgets for filmmakers.
The benefits leading to your script being picked up by someone having already been budgeted and scheduled, the advantages are numerous. For one, putting forth the effort to create a film budget and shooting schedule for your film production immediately sets your script ahead of the ones whom have not taken this key step.
Knowing the cost of producing a film is critical to obtaining financing and distribution. Being able to articulate to an interested party how much funding will be required to produce a film enables them to make multiple decisions which they would not necessarily be bothered nor able to entertain with a screenplay alone, for which one presumes they might receive literally thousands.
Additionally, this effort and resourcefullness demonstrates initiative on the part of the writer/producer/director to ascertain the fundamental fact of the film production: the cost to produce the film.
Further to this point, knowing the cost of the film production overall and where it will be shot, aids in determining what film tax incentive amount the filmmakers might expect to receive from local government institutions, funds, grants, etc. Knowing the budget of the film enables a buyer to be able anticipate what type of foreign sales (advances) they might be able to expect as well.
This all leads to potential purchasers to able to figure what amount of equity, or hard cash, will then be required on their part, or their financiers, to proceed to produce the film.
So knowing your cost of production sets you and your film apart from others submitting only a screenplay, as one which has made the effort to enable the key factors required to make an informed decision. It also conveys your commitment to getting the film made and willingness to have an understanding of the process of filmmaking, for the budget and schedule is a roadmap to the production.
It is a reflection upon you and your team that you have undertaken to understand how the film will be made by having a professional film budget and schedule created for you by a veteran line producer, for what you will then have, a package, not just a screenplay, to present and they, to investors and financiers.
Contact FilmBudget.com to obtain an immediate quote on our services, which include a finance and camera ready film budget and schedule package, film finance plans and film tax credit analysis and production consulting.
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From Bill Murray Day to Morten Tyldum’s “The Imitation Game” taking home The People’s Choice Award, the 2014 Toronto International Film Festival was one for the books. Will this year be able to live up to its name? Just one look at the festival’s lineup and we know we’re in for another memorable week. Want to get even more excited about the festival? Check out the trailer:
When: September 10 – 20, 2015
Where: Toronto, Ontario
Tickets: Tickets come in a myriad of packages for purchase on the official website. Though the “my choice” tickets are off sale, you can still purchase “Tiff Choice” packages. These range from 5 tickets for $96 (Daytime Sampler) to $205 (Closing Night Gala). Individual tickets go on sale September 6.
Platform Jury: This year’s Platform Jury comprises Jia Zhang-Ke, Claire Denis, Agnieszka Holland.
Demolition | Directed by Jean-Marc Vallée
According to its IMDB summary:
An investment banker, struggling to understand his emotional disconnect after the tragic death of his wife, begins to tear apart his life in an effort to see where he went wrong and is ultimately rescued by a woman he meets in a chance encounter.
Jean-Marc Vallée’s latest drama, starring Jake Gyllenhaal and Naomi Watts, is going to be one emotional ride. The experienced director, born in Montreal, has been garnering some serious credibility with his last two films “Dallas Buyer’s Club” and “Wild”. The former, which was made on an indie movie budget of just $5 million, made over $55 million at the box office and won Matthew McConaughey an Oscar for best actor.
Anomalisa | Directed by Charlie Kaufman, Duke Johnson
Fans of the legendary writer/director Charlie Kaufman (“Being John Malkovich”, “Adaptation”) are already buzzing about his newest feature “Anomalisa”. This short fable, running 90 minutes, is the writer/director’s first project in stop-motion animation.
Black Mass | Directed by Scott Cooper
“Based on the true story of one of the most notorious gangsters in U.S. history” is the film’s tagline and it stars Johnny Depp as Whitey Bulger. What more could you ask for? The movie, also starring Benedict Cumberbatch and Joel Edgerton, is the third directorial effort for Scott Cooper. He is best known for 2009’s “Crazy Heart” starring Jeff Bridges, which was made on a movie budget of $7 million. Watch the trailer for “Black Mass” below:
About Ray | Directed by Gaby Dellal
“About Ray”, a trans coming-of-age story starring Susan Sarandon, Naomi Watts, and Elle Fanning, will enjoy its world premiere as one of tiff’s special presentations. According to an article in OUT Magazine, “To prepare for the role, Fanning watched YouTube testimonials of teenagers documenting their transitions and spoke with transgender teens across the country.”
Amazing Grace | Directed by Sydney Pollack, Alan Elliott
According to the official tiff 2015 website, “Amazing Grace” is “The late director Sydney Pollack’s behind-the-scenes documentary about the recording of Aretha Franklin’s best-selling album Amazing Grace finally sees the light of day more than four decades after the original footage was shot.” In other words, it’s a must-see documentary.
FilmBudget.com is the international leader in worldwide film & TV budget and schedule production services. Contact Us
Despite the beautiful sites and warm weather, tensions still reach new heights every year at Cannes as movie-lovers and bookies alike take a stab at predicting which film will win the prestigious Palme d’Or. With some surprise, Jacques Audiard’s Dheepan walked away with the top honor, beating out the favored Carol by director Todd Haynes.
From projects made with large movie budgets to indie flicks, this year’s Cannes Film Festival was full of great movies. Here are a few other notable winners via Screen Daily:
Grand Prix: Son of Saul | Directed by Laszlo Nemes
Best Director: Hou Hsiao-Hsien for The Assassin
Jury Prize: The Lobster | Directed by Yorgos Lanthimos
Best Actor: Vincent Lindon for The Measure of a Man
Best Actress: Shared between Emmanuelle Bercot for Mon Roi and Rooney Mara for Carol.
The Here After
According to The Hollywood Reporter, Magnus Von Horn’s The Here After did quite well at the festival, picking up two major territory deals with Soda Pictures (U.K.) and Atnine Film Co. (South Korea).
Land and Shade
Director César Augusto Acevedo’s film Land and Shade, winner of critic’s week, found some love from Pyramide, which will distribute the film in France. According to Variety.com, “Pyramide head Eric Lagesse signaled that the Camera d’Or has raised large interest among distributors. Pyramide is now in discussions with multiple other territories. Some further deals on track to close this forthcoming week, Lagesse added.” In addition to France, the film closed in Italy (Satine Pictures) and Latin America (Cineplex). The film has been compared to “The Grapes of Wrath” in terms of its narrative and tone.
Big Deals and the Netflix Effect
The industry’s panic over the Netflix Effect was cooled by good news on the sales front. According to Jeremy Kay of ScreenDaily, “the streaming giant was never far from people’s lips. The keynote talk by Ted Sarandos dominated the dialogue when people were not chewing over the festival’s strict dress footwear policy, the arrival of well-heeled new financiers and a flurry of spectacular theatrical deals.”
Some of these deals include:
Nocturnal Animals, starring Amy Adams and Jake Gyllenhaal – $20M worldwide buy from Universal Pictures and Focus Features. This is the second film by fashion icon Tom Ford. His previous film, A Single Man, was made for a movie budget of $7M.
Bleed for This, starring Miles Teller and Katey Sagal received a $4M US deal from Open Road.
A final thought from Jeremy Kay on the atmosphere of this year’s market:
“One buyer noted how it was easy to find money today but hard to make it. For many US players, day-and-date distribution could be the answer and there is a belief that Europe and the rest of the world are primed to follow.”