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Some hardened festivalites
will feel a touch of deja-vu about much of the Cannes Competition this
year, which again comes from the familiar names such as Atom Egoyan,
Arturo Ripstein, John Sayles, and Chen Kaige.
But there will be little deja-vu about the Cannes market. For years
distributors have been crying out for big, big titles. This Cannes they've
got them, arguably in a larger number than ever before.
The emergence of a clutch of top titles is market driven by at least
three factors: the continued multiplexing trend, the launch of a number
of digital platforms across Europe, and the public flotation of distributors
and producers in Germany.
As the world's increased screen count allows the US majors to stage
blanket bows of their big pics, distributors need ever bigger titles
to clinch any key playdates and screens.
Bigger titles also act as locomotives for Europe's burgeoning movie
channels on digital platforms, aiding their branding. And, as the AFM
proved, German companies flush from stock market flotations are able
to take up some of the buying slack prompted by the downturn of economies
in the Far East, Latin America and Russia.
Expect to see the following
trends at this year's Cannes:
* More output deals as distributors
enter multi-pic arrangements with leading suppliers in order to tie
down indie tent-pole movies.
* Some very big projects
being made available for indie distribbers, led this market by Summit's
just-acquired $100 million U-boat thriller, U571 and Buena Vista Film
Sales' Kevin Costner-starrer, 13 Days, with Ronald Donaldson now attached
to direct. Inevitably, given these pics' budgets, the prices being asked
are not slight: some $4.5 million for 13 Days just for Spain, for example.
* Top film financiers and sales agents once associated with upscale
projects in the mid-budget range are now embracing more commercial mainstream
propositions. Intermedia, for example, has just announced Ace In The
Hole, with Bruce Willis in advanced negotiations to star.
* And expect the psychology of buying films to evolve. "If you're quoted
on the stock exchange, you have to keep on doing things just to keep
your shareholders aroused," says an exec at one large German production-distribution
house which successfully floated in 1998.
And if you're going for huge output deals, which are now the makings
of an indie distribber, it's best to market your company image very
carefully. So expect ever more self-respecting distributors to come
to Cannes with PRs. And if they're new-ish, to practise such acquisitions
deals as Intertainment's pick-up at the AFM of 18 pics from Franchise
Films, a corporate marketing coup that made Intertainment a player overnight.
For smaller shingles Cannes will still be about selling and buying.
But larger concerns will also be selling themselves. There's probably
no better place in the film world to do this than Cannes.
The following are some of the big or new pics for which large distributors
may step up to the plate:
* Bruce Willis is in final negotiations to star in Intermedia's $50-$60
million Ace In The Hole, playing an ex-con who is forced to aid a Las
Vegas casino cover-up. Word is good on Intermedia's The Courier, although
key cast - Brad Pitt is hotly tipped - and director still have to be
confirmed.
* Summit Int'l looked very close last week to signing U571, the $100
million Dino de Laurentiis-produced World War II U-boat drama concerning
a mission to crack the Enigma codes. Other new attractions in Summit's
strongest slate of late: kidnap drama The Way Of The Gun, written (typically
tortuously) and directed by The Usual Suspects scribe Christopher McQuarrie;
getting-one's-rocks-off comedy American Pie; the Lawrence Bender-produced
The Mexican, directed by Kevin Reynolds; the droll Barry Levinson comedy,
An Everlasting Piece; and the Neal Moritz-produced Soul Survivors.
* Miramax Int'l's strong slate has a special buzz for Jez Butterworth's
Birthday Girl, starring Nicole Kidman.
* Franchise Films has unveiled yet more big pics to international distributors
including the Wesley Snipes actioner Art Of War, directed by Christian
Duguay. Reaction to that script has been mixed, but buyers are also
talking about American Iron with Walter Hill reportedly attached to
direct.
* BVFS has the near-$90 million Kevin Costner drama 13 Days from Beacon
Pictures; the Antonio Banderas/Woody Harrelson boxing drama Play It
To The Bone; and ransom drama High And Low from a reportedly fine and
morally caustic script by David Mamet, who will also direct. Steve Martin,
William H. Macy and Joe Mantegna look set to star.
* Beyond David Fincher's noirish thriller The Black Dahlia, still in
development, Mark Damon's Behaviour Worldwide is talking up The Body
with Antonio Banderas tipped for the lead.
* Lakeshore may sell international on the Paramount-produced action-thriller
Shooter.
* The Overseas FilmGroup will be unspooling a showreel for the flamboyant
Shakespeare adaptation, Titus, toplining Anthony Hopkins and Jessica
Lange.
* From France, TF1 Int'l has just announced a big new flagship English-lingo
pic, James Ivory's adaptation of Henry James' last novel.
* Shooting began 26 April on the $36 million Vatel, which has gone to
Germany (Tobis) and Italy. Also rolling is the English-lingo spin-off
of Les Visiteurs, toplining Jean Reno and Christian Clavier, with Malcolm
McDowell, Christina Applegate and Tara Reid.
* Kathy Morgan is prepping Vision Of Love. The pic is exec-produced
by the Farrelly brothers, with Michael Keaton, Greg Kinnear and Maria
Gracia Cucinatta said to be in the running for lead roles; Charles Wessler
is to direct.
* Word is good on Moonstone's Pandemonium, Julien Temple's period pic
about romantic poets Samuel Taylor Coleridge and William Wordsworth.
* Seven Arts International's big pic looks likely to be Morton Orwell,
directed by Gregory Hoblit.
John Hopewell
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