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Monday, May 16, 2011

Cannes Film Festival Has Producers Euphoric - Seller's Market

The Cannes Film Festival and Film Market are off to a euphoric start as many distributors are stepping up and actually paying for film and television product. Surprising as well to the Europeans is the veracity of the renewed American appetite for movies ranging the gamut of the film budget world from low, mid and higher budgeted motion pictures.

One example is The Weinstein Company being close to closing its dealings on "The Wettest Country in the World", John Hillcoat's film which takes place during the Depression, for a reported $4-5 million, as dramatic increase from previous sales figures seen.




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