'Annie' deals expected to close imminently
Fortissimo clicked with deals on “Annie Leibovitz: Life Through a Lens,” the docu about the celebrated photographer.
But a snapshot of the international sales market is darker.
“The market has been pretty good for us, but not stellar. Of course we hoped for stellar,” Fortissimo co-topper Michael J. Werner said. The sales agency is based in Hong Kong and Amsterdam.
Werner said that the sales market currently appears to be in a state of imbalance with the supply of pictures growing and demand falling or going sideways.
“There are ever more pictures emanating from more places around the world, but B.O. in many places is falling and the share of the market taken up by local films is rising in many territories,” he said.
That is having an impact on prices, the number of pics sold and the way companies do business.
“We haven’t changed our prices since last year, but are finding that this is increasingly a focus point in negotiations,” he said. “The ability to package is getting harder.”
“Leibovitz” was sold to Gaga for Japan, Haut et Court for France and Lucky Red for Italy. Deals are expected to close imminently for Benelux, Australia, Brazil, Scandinavia and the Mideast.
“Live!,” the Mosaic Media-produced satire on reality TV unveiled at the beginning of the Market, was licensed to Lusomundo for Portugal and to J-Bics for Thailand.
Pic, helmed by Bill Guttentag, stars Eve Menendez as an ambitious TV exec.
Fortissimo sold “Children of Glory,” produced by former Carolco topper Andy Vajna, to AZ for Spain and to J-Bics for Thailand.
The company’s untitled Martin Scorsese-directed Rolling Stones docu was sold to Film Depot for Russia, having earlier been sold to Fox Intl. for multiple English-language territories.