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TOKYO – The 8th edition of the TIFFCOM market wrapped on Wednesday at the Tokyo International Film Festival, with deals still being hammered out and business better than many had expected.
Prior to the market, there were concerns whether some overseas buyers might give Tokyo a wide berth with visitors to Japan still down in the aftermath of the Fukushima nuclear accident. However, there were still meetings going at booths past the official closing time of 6 p.m. and a smattering of deals already signed.
The KOFIC pavilion, with seven Korean companies under its umbrella, had been doing good business. 9ers Entertainment sold Late Blossom to Japan and Ryang-kang-doc: Merry Christmas North! to Taiwan. Finecut landed a Japan deal for its North-South Korea film Poongsan and Mirovision signed an agreement for Mr. Perfect for an undisclosed Asian territory.
“This is our second time at TIFFCOM and our participating companies were up from five to seven this year,” said Chris Kim, manager of KOFIC’s festival and market team. “It’s an efficient market for closing deals after negotiations have been done at Busan.”
First-time exhibitor Production I.G., home of classic anime Ghost in the Shell, sealed deals on its package of 12 episodes and in-production movie, Blood C, for Taiwan, Korea, Hong Kong, Thailand and China, as well as deals for Appleseed XIII, and some older titles to the Philippines.
“I found what I came looking for,” said Production I.G.’s Francessco Prandoni.
Another first timer exhibitor, YouTube, was at market promoting its business partner program after attending in previous years as a buyer.
“We’re here to show what we can offer businesses, so we have a different aim to many companies here,” said Mami Ihara from Youtube’s contents operations division.
Smaller deals done included worldwide in-flight rights for Ramen Samurai from Japan’s T-Joy.
A number of sellers reported final details of deals still being hammered out, with some expecting to sign at post-market dinner meetings, or negotiations to carry on at AFM next week.
“It’s hard to accept an offer here until I hear what people are saying at AFM,” said one local exhibitor.
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