Despite record attendance, headlines about the deals were conspicuous by their absence.
In the weeks leading up to the recent American Film Market, we (along with many other sites) posted a few articles about projects that would go on sale at the annual event. However, the days since the AFM have been remarkably calm on the deal front, despite organizers saying the event saw record attendance figures.
This was attributed to a few factors.
First, in the post-pandemic era, studios are more likely to use Zoom and other means to strike deals post-event, while this year’s shorter festival is also cited as a reason why. more agreements are being developed as a result of the AFM.
With regard to the agreements concluded in the United Kingdom, with Europe, the weakness of the exchange rate against the dollar would also be a key factor in the negotiations. Still, over 500 companies were in attendance, but we still haven’t seen much of the headlines we’re used to. Maybe those announcements will roll out in the days and weeks to come, but with fewer A-list projects available, it’s possible that this year’s event just won’t feature as many high-profile offerings as we have seen it in the past.
Two higher-profile projects that have garnered multi-territory sales are the Joel Kinnamon-directed action thriller, The silent hour and Guy Ritchie’s World War II action spy film, The unkind War Department. We will let you know of any other severance agreements as we hear them.
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