PARK CITY, Utah — Continuing the acquisitions frenzy here, Canal Plus has seized rights to distribute Jenniphr Goodman’s “Tao of Steve” in France, Benelux and Germany. In addition, Blockbuster has again come to the plate, with a deal for Valerie Breiman’s “Love and Sex,” while international deals have been struck for the pic, including CLT/Ufa for France, Taurus for Germany, TriPics for Spain. Deals for the U.K., Italy and Latin America are expected to close in the coming days.
In the “Love and Sex” pact, Blockbuster will pay roughly $2 million advance against the revenue of the picture. The vid giant also will pony up approximately $1.5 million advance toward the costs of prints and advertising. According to sources close to the deal, Blockbuster’s participation makes domestic distribution of the pic very attractive to any number of companies still bidding for the film.
Insiders said they expect Blockbuster to be making several such deals before the fest is over.
“Tao” was produced by Anthony Bregman and executive produced by Ted Hope.
“Tao” tells the story of a hyper verbal man, played by Donal Logue, who has the ability to effortlessly attract women.
As with the deal negotiated for “Shadow Hours,” also with Blockbuster, the “Tao” pact was brokered by WMA’s Cassian Elwes.
Bidding wars continue for such pics as “Panic,” “Snow Days” and “Happy Accidents,” with nothing conclusive as yet. Also generating some heat after Wednesday evening’s screening was “Songcatcher” with Golden Globe winner Janet McTeer.
Outside the dealmaking that went on Wednesday night, the biggest action was Tuesday up at the Snow Park Lodge in Deer Valley, where CAA hosted a party to which everyone seemed to have an invite. By midnight, the scene had gotten loud and crowded enough for the ticked-off locals to summon police. In the crush of would-be partygoers, Daily Variety national correspondent Dan Cox was arrested on a charge of disorderly conduct.