Bucking a mood at the American Film Market described by several attendees as sluggish, Hearst Entertainment has made several overseas vid deals, some driven by new, unconventional markets.
Significantly, the Gotham-based outfit has made healthy sales to Croatia and Slovenia, sales perhaps aided by the recent Balkan cease-fire.
Hrvoje Krstulovic, prexy of the Zagreb, Croatia-based Blitz Film & Video Distribution, told Hearst international sales VP Thomas B. Devlin: “Things are starting to move ahead a little bit. People need entertainment, they can’t watch the TV for news about the war all the time.”
Devlin sold 13 titles to Blitz, including the thrillers “Ultimate Betrayal, “”Seduction” and “In the Eyes of a Stranger.” Each pic is budgeted between $ 2 million and $ 2.5 million.
Portuguese outfit Edi Films nabbed the animated “Galaxy Rangers,” while Venezuelan shop Video Grabaciones Mervin S.A. took home about 10 assorted titles. Brazilian company NCA Pictures picked up “Blood Brothers.”
Commenting on a generally slow market, Devlin said that Taiwanese buyers had been among the most aggressive at this year’s AFM: “I already sold everything I have to Taiwan, but if I wanted to, I could have sold 10 times more.”