Sundance 2012: Who Bought What Movies -- and How Much They Paid
In the wake of this year's trip to Park City, THR examines 24 titles that found distribution quickly.
This story first appeared in the Feb. 10 issue of The Hollywood Reporter magazine.
Lots of deals, a wide variety of distributors and reasonable prices. That was the consensus among buyers and sellers returning from the Sundance Film Festival. Star-studded films like the Bruce Willis comedy Lay the Favorite and the Richard Gere thriller Arbitrage that would have cost tens of millions for studios to make were picked up for about $2 million each. "If anything, the state of independent film is getting healthier," says WME Global's Graham Taylor, who sold Beasts of the Southern Wild, Arbitrage and V/H/S during the fest. "As evidenced by the Arbitrage and Lay the Favorite deals, [independent film] is creating a more economically viable way for midrange pictures to be distributed." With dozens of additional deals likely to be closed in the next month or so, here's a look at the films that sold during the festival.
The Surrogate | Fox Searchlight: Nearly $6 million, worldwide rights (CAA)
Red Lights | Millennium Entertainment: Nearly $4 million, U.S. rights (UTA)
For a Good Time, Call ... | Focus Features: $3 million, worldwide rights (Cinetic)
Arbitrage | Lionsgate and Roadside Attractions: About $3 million, North American rights (WME)
Robot & Frank | Sony and Samuel Goldwyn Films: $2 million-plus, North American rights and select territories (ICM, CAA)
Lay the Favorite | The Weinstein Co.: $2 million-plus, U.S. rights (CAA)
Celeste and Jesse Forever | Sony Pictures Classics: About $2 million, North America, Latin America, Eastern Europe (UTA)
The Words | CBS Films: $2 million, U.S. rights (CAA, Cassian Elwes, Laura Rister)
Something From Nothing: The Art of Rap | The Indomina Group: $1 million-plus, worldwide rights (UTA)
V/H/S | Magnolia Pictures (Magnet): $1 million-plus, North American rights (WME)
Black Rock | LD Distribution: $1 million-plus, N. American rights (Submarine)
Liberal Arts | IFC Films: $1 million-plus, North American rights (Gersh)
Safety Not Guaranteed | FilmDistrict: $1 million-plus, U.S. rights (ICM)
Shadow Dancer | ATO Pictures: $1 million, N. American rights (CAA)
Beasts of the Southern Wild | Fox Searchlight: Nearly $1 million, U.S. rights (WME)
How to Survive a Plague | Sundance Selects: High-six figures, North American rights (Submarine)
The Pact | IFC Midnight: High-six figures, North American rights (Preferred Content)
Nobody Walks | Magnolia Pictures: Mid- to high-six figures, North American rights (Submarine)
Middle of Nowhere | Participant Media and the African-American Film Festival Releasing Movement: Mid-six figures, U.S. rights (Paradigm)
The Queen of Versailles | Magnolia Pictures: Mid-six figures, North American rights (Submarine)
Searching for Sugar Man | Sony Pictures Classics: Mid-six figures, N. American rights (Submarine)
Compliance | Magnolia Pictures: N/A, U.S. rights (Cinetic)
2 Days in New York | Magnolia Pictures: N/A, North American rights (CAA)
Wish You Were Here | Entertainment One: N/A, North American rights (LevelK)
Simon Killer | IFC Films: N/A, North American rights (UTA, CAA)
Email: Jay.Fernandez@THR.com; Daniel.Miller@THR.com
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