At AFM, buyers hope weak buck pays off

October 31, 2007 The weakened dollar and a plethora of quality global movies on offer at this year's AFM is foremost on the minds of buyers and sellers from the five main territories in Europe -- the U.K., Germany, France, Italy and Spain -- as this year's market gets under way today in Santa Monica. Nick Hill and Peter Naish, co-managing directors of U.K.-based and U.S.-owned Capitol Films, have assembled a big sales slate of projects with top names expected to command high prices. Markus Zimmer, managing director of German giant Concorde Filmverleih, thinks a weak dollar is better than a strong one for buyers.

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