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Friday, October 24, 2008

Market Madness

Sharon Swart looks ahead at the AFM, running Nov 5-12, where GK Films' will have its thriller "Edge of Darkness," starring Mel Gibson.

Swart sees a rocky road in Santa Monica this year:

"The velocity of sales has slowed down considerably," says Jere Hausfater, CEO of Essential Films. "Buyers are being very cautious. Look at Toronto: There were 20 high-profile movies screening for U.S. buyers, and so far only two bigger deals have been announced. What does that tell you?"

When finished titles aren't selling, there's a heavier level of trepidation when it comes to product that has yet to be made. The question surrounding presales now is all about whether or not a project will actually get produced.


She also has AFM by-the-numbers:

Estimated number of attendees: 8,200

Estimated number of buyers: 1,600

Number of exhibitors: 409

Net square feet of exhibition space: 172,470

No. of films screening: 520

Approximate number of screenings: 900

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Mike Jones Michael Jones is the film festival editor at Variety.com.

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