Magazine article Screen International

EFM 2017: The Big Deals

Magazine article Screen International

EFM 2017: The Big Deals

Article excerpt

SCROLL DOWN FOR A SELECTION OF THE BIGGEST DEALS

Business simmered at the EFM as buyers perused the market with one eye on Cannes and only a handful of marquee titles triggered sales.

Besides MGM's splashy pre-market acquisition of worldwide rights to Fighting With My Family, a reported studio deal with Sony for Tom Hanks' Greyhound, and plenty of interest in Liam Neeson's action film Hard Powder and thriller-romance Serenity, sellers reported steady trade on a variety of films.

But the growing presence of Netflix and Amazon Studios - both of whom were on the ground - continues to shake up the industry. After both went on big spending sprees at Sundance, Netflix swooped on worldwide rights to the Martin Freeman zombie thriller Cargo.

For smaller international distributors without the wherewithal to invest in films, board projects at script stage, or compete with the digital giants and the studios on worldwide buys of must-have titles, there are slim pickings and these are challenging times.

Patrick Wachsberger, the Lionsgate International chief and chairman of Lionsgate Motion Picture Group, said: "Most of the big distributors have their slates covered for 2017 and probably part of 2018, so there's no rush because you're thinking about Cannes".

"It's less volume," Covert Media president of international Liz Kim Schwan said of the EFM. "We've had a solid market and in this landscape that's a cause for celebration."

BIG DEALS REVEALED IN BERLIN

MGM in lavish worldwide deal for 'Fighting With My Family'

In one of the biggest EFM deals ever, the studio has paid what Screen understands to be in the mid-teens for the upcoming comedy drama.

Full story HERE

Netflix swoops on world rights to Martin Freeman zombie movie (exclusive)

Streaming platform in multi-million dollar deal for Cargo from The Babadook producers.

Full story HERE

Roman Polanski thriller 'Based On A True Story' goes to SPC (exclusive) Psychological thriller recently wrapped production in Paris.

Full story HERE

SPC swoops on competition title 'A Fantastic Woman'

Sebastián Lelio's well-received drama counts Pablo Larrain as an executive producer.

Full story HERE

Lionsgate snaps up US rights to 'Rally Car'

The company announced it had acquired Olivier Megaton's upcoming action film to star Keanu Reeves.

Full story HERE

Open Road to go wide in US on Travis Fimmel, Forest Whitaker heist movie

Travis Fimmel, Forest Whitaker star in heist movie. …

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