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Acquisitive Minds: Jean Labadie

President of French independent distribution company Bac Films

  • How would you rate the quality of film product today?

    “High. Supply is plentiful whether it comes from independents, studios or if it’s local product. I know people like to complain but basically the quality coming from the main producers is good, in all senses.”

  • What is the impact of the Internet on your business?

    “There has been no impact on buying yet, but very soon the Internet will become indispensable. Sales agents will be able to select footage and show it on their Web site so we have a clearer idea about the films they are selling. It’s all going to happen very quickly.

    “As for the impact on traditional markets, Internet rights are of course in the back of everybody’s mind right now but the industry has not yet defined what the boundaries are. We know that one day we will be able to service our Web sites with films, but we don’t know when and we don’t know how.”

  • What is your advice about keeping cool in a bidding war?

    “I have no advice, and If I did I wouldn’t give it! Anyway, we mostly buy at the script stage rather than the finished film, the bidding war is something different.”

  • What is your favorite dealmaking spot in Cannes?

    “We go where the people are, the Majestic, the Carlton. We go wherever they have their offices.”

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