Toronto 2011: Film Sales Up 50% Over Last Year

This year’s Toronto International Film Festival saw a dramatic uptick in film sales.

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The festival reported Friday that more than 31 films have been sold to territories in North America, Europe, The Middle East, Asia, South America, and Australia, with more sales expected to be announced in the coming days. That compares to the 20 sales that the festival reported in its closing days in 2010. (That is roughly a 50 percent increase from last year.)

Nearly 4,000 industry professionals attended the festival this year – a 20% growth over 2010.

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The festival cited such key acquisitions as Shame, Trishna, Wuthering Heights, Killer Joe, The Lady, Goon, God Bless America, Elles, Your Sister's Sister and Into the Abyss.

“It's good to see that the festival has once again provided a solid foundation to facilitate film sales,” TIFF co-director Cameron Bailey said. “Our organization exists to bring films to audiences around the world and we could not be more delighted to report that these outstanding films will reach film lovers in all corners of the globe.”  

The festival runs until Sept. 18, wraps up with an awards reception at noon that day.