The Match Factory has finalized a raft of international deals for Coralie Fargeat’s Cannes Palme d’Or contender The Substance, following its buzzy premiere over the weekend in the presence of co-stars Demi Moore, Margaret Qualley, and Dennis Quaid.
14.05.2024 - 11:43 / variety.com
Matt Donnelly Senior Film Writer Are we headed for a bon marché? A new class of finished films and packages (unmade movies with big stars and a director attached) will travel to Cannes this week in search of cash and homes with the studios, streamers and global indie players. The 2024 Cannes market comes equipped with some interesting contradictions. Stateside, the content buying machine is fraught.
Major media stock prices are getting hammered day by day, and a new age of austerity has gripped the once free-spending tech giants. At the same time, distributors paralyzed by the 2023 Hollywood labor strikes need content to fill their slates for the end the year and the top of 2025. “We’d agree that finished film volume isn’t as high due to the strikes, but Cannes is a much better setting for packages to begin with,” one top sales agent told Variety.
“These movies can get financed out of the international marketplace, so why not take advantage of that and put people to work?” These packages have bankable stars and heatseeking up-and-comers, including Kristen Stewart, Hugh Jackman, Colin Farrell and Sydney Sweeney. Other agents were equally eager to downplay a shortage of finished movies, but take a look at our most notable list below and you’ll see more than half (including honorable mentions) are unmade or entering pre-production. Any feature film getting made right now, however, should probably inspire relief in the industry.
The Match Factory has finalized a raft of international deals for Coralie Fargeat’s Cannes Palme d’Or contender The Substance, following its buzzy premiere over the weekend in the presence of co-stars Demi Moore, Margaret Qualley, and Dennis Quaid.
EXCLUSIVE: Goodfellas and Utopia have announced a slew of sales for Gia Coppola’s The Last Showgirl following its launch at the Cannes market.
Leo Barraclough International Features Editor Swedish director Ruben Östlund, who won Cannes Film Festival‘s Palme d’Or for “The Square” and “Triangle of Sadness,” was among the guests at the German Films and Medienboard Reception on May 18 in the garden of the Mondrian Hotel in Cannes. Östlund, who is in the Riviera resort to promote his latest production, “The Entertainment System Is Down,” was accompanied by Philippe Bober of Coproduction Office, one of the film’s producers, and Erik Hemmendorf of Plattform Produktion, Östlund’s Swedish producer. (They are pictured above.) German Films, which is celebrating its 70th anniversary this year, was represented at the event by managing director Simone Baumann, and Medienboard, which is a film fund for the Berlin-Brandenburg region, was represented by its CEO Kirsten Niehuus.
Elsa Keslassy International Correspondent Sideshow and Janus films (“Drive My Car”) have acquired all North American rights to Payal Kapadia‘s “All We Imagine as Light,” the first Indian film to screen in official competition at the Cannes Film Festival in 30 years. The movie will world premiere on Thursday, May 23. It’s also one of only four films in the Competition directed by a woman.
Nick Vivarelli International Correspondent A new Saudi Arabian film studio with deep pockets and Hollywood connections is launching from the Cannes Film Festival with a slate of film and TV projects. The Los Angeled-based 3SIX9 Studios – announced at an event on a yacht in the bay of Cannes – is co-founded by actor and producer Daya Fernández, who serves as CEO; Inga V.
Marta Balaga German Films celebrated its 70th anniversary at Cannes on Sunday, with its guests looking back but also looking forward. “It has gotten much better,” Managing Director Simone Baumann told Variety at the event. “We’ve had Oscar-winning ‘All Quiet on the Western Front,’ Oscar-nominated ‘The Teachers’ Lounge’ [for best international feature], films by Wim Wenders and with Sandra Hüller! Sure, Wim showed a Japanese movie and Sandra a French one [‘Perfect Days’ and ‘Anatomy of a Fall’], but it doesn’t matter: It’s more ‘mixed’ these days and I am proud of it, to be honest.” At Cannes, 11 German productions and co-productions have been selected this year, including Match Factory’s main competition offerings “Motel Destino” by Karim Aïnouz – who also attended the bash – and Miguel Gomes’ “Grand Tour.” Run Way Pictures is behind Mohammad Rasoulof’s anticipated “The Seed of the Sacred Fig.” As festivals get “more competitive,” underlines Baumann, international collabs are here to stay.
EXCLUSIVE: One of the market’s biggest-budget projects, the Will Smith action-crime thriller Sugar Bandits, has sealed multi-million dollar deals across the world for AGC ahead of a planned September start date.
Cannes Film Festival. The actress and singer, 31, was moved to tears after her new film, “Emilia Perez” received a 9 minute-long standing ovation at the Cannes Film Festival on Saturday. This marked the longest standing ovation for any movie premiere at the France-based cinema bash so far this year.A Variety video shows Gomez smiling and tearing up as the crowd cheers after watching her performance in the film.Directed by Jacques Audiard, “Emilia Perez” is about a Mexican cartel leader, played by Karla Sofía Gascón, who is seeking gender-affirming surgery.
Nick Vivarelli International Correspondent Sudanese first-timer Mohamed Kordofani’s “Goodbye Julia,” a timely morality tale that takes place just before the 2011 secession of South Sudan, has won top awards for both fest feature film and best screenplay at the eighth edition of the Critics Awards for Arab Films that will be handed out today at the Plage des Palmes in Cannes. The first Sudanese film ever to screen in Cannes’ official selection, where it premiered in Un Certain Regard last year, “Goodbye Julia” (pictured) is the story of two women — one from the North, the other from the South — who are brought together by fate in a complex relationship that attempts to reconcile differences between northern and southern Sudanese communities in the war-ravaged country.
EXCLUSIVE: Whitney Peak (Hocus Pocus 2, Molly’s Game, Gossip Girl) has been cast in Aisling Walsh’s Ethel, alongside the previously announced cast of Shira Haas and Sarah Paulson. Bankside Films first launched the title, which is currently in pre-production, earlier this year and has completed a number of international pre-sales in Cannes.
Prime Video’s German series Maxton Hall – The World Between Us has been handed a swift recommission after becoming the streamer’s most-watched international show of all time in its first week.
Nick Vivarelli International Correspondent German actors Elisa Schlott (“Das Boot” TV series), Max Riemelt (“Sleeping Dog”) and Alma Hasun (“Corsage”) are set to star in Italian director Silvio Soldini‘s drama “The Tasters,” which reconstructs the untold true story of the women conscripted to be Adolf Hitler’s food tasters. Shooting is set to start on Friday in Italy’s northern Alto Adige region on the Nazi-era drama, which is being pre-sold at the Cannes Marché du Film by Rome-based Vision Distribution, headed by sales agent Catia Rossi.
John Hopewell Chief International Correspondent Chile’s Quijote Films, behind Cannes 2023 Un Certain Regard Fipresci Prize winner “The Settlers,” has tied down a powerful alliance of international partners on “The Mysterious Gaze of the Flamingo,” the first feature of 2018 Cannes Cinéfondation top winner Diego Céspedes. An LGBTQ-themed drama, “The Mysterious Gaze” is set in a mining town where a strange illness is said to be transmitted between men who fall in love with each other.
Naman Ramachandran The film adaptation of popular comic strip “Natacha (Almost) Air Hostess” boasts an all-star cast. The cast includes Camille Lou (“Anthracite”), Vincent Dedienne (“We Can Be Heroes”), Fabrice Luchini (“The Empire”), Didier Bourdon (“Cocorico), Elsa Zylberstein (“Coup de Chance”), Isabelle Adjani (“Wingwomen”) and Baptiste Lecaplain (“Meet the Leroys”). The film is loosely based on the comic strip of the same name created by screenwriter François Walthéry, which was published by Editions Dupuy, and which comprises 23 albums and has sold more than five million copies.
Jamie Lang Catalan films routinely punch above their weight at high-profile international festivals: Think 2022 Berlin Golden Bear winner “Alcarràs.” That trend looks primed to continue in 2024. Catalan auteur Albert Serra will debut “Afternoons of Solitude,” co-produced by Catalan companies Andergraun Films and LaCima, with Ideale Audience and Tardes de Soledad.
Paul Schrader was about to start shooting “Oh, Canada,” his adaptation of Russell Banks’ novel about a troubled artist taking stock of his life, when the major actors union went on strike. For a second, it looked like all that hard work, passion and planning might be for nothing — with performers on the picket lines and major studios holding out on their contract demands, it was hard to see how cameras would ever roll on the low-budget indie. “Everything shut down,” said Brian Beckmann, the CFO and COO of Arclight Films, which is selling international rights to the film.
Elsa Keslassy International Correspondent “Asterix,” the popular French comics franchise, is set for a new animated journey. Matthieu Delaporte and Alexandre de la Patelliere, whose latest film “The Count of Monte-Cristo” is premiering at the Cannes Film Festival, have penned “Asterix, the Kingdom of Nubia.” SND, the commercial arm of French network M6, has boarded the film and will kick off international sales at the Cannes Film Market, where they will present a sizzle reel to buyers.
Leo Barraclough International Features Editor Berlin-based sales agency Films Boutique has closed first sales and released the first-look image from Oscar-nominated Polish filmmaker Agnieszka Holland‘s biopic of the Czech novelist Franz Kafka, “Franz.” The project has sold to September Film in Benelux, Filmin in Spain, Vertigo in Hungary, MCF Megacom for the former Yugoslavia and Movies Inspired in Italy. The film was previously acquired for theatrical distribution by Bac Films Distribution in France, X Verleih in Germany and Austria, Bioscop in Czech Republic and TVP in Poland.
Naman Ramachandran Animation studio Toonz Media Group has unveiled an eclectic slate for the Cannes Film Market. Drawing stories from popular Indian ancient fables and retelling them with a contemporary flavor, “Return of the Jungle” is set in present-day India and revolves around a group of classmates from junior school who must outwit the biggest, meanest bully in the school. A cool and loveable grandpa by their side peps the fourth graders with inspiring stories from the jungle.
Elsa Keslassy International Correspondent “The Substance,” Coralie Fargeat’s buzzy horror movie starring Margaret Qualley and Demi Moore, has sold to one of France’s biggest distributors, Metropolitan FilmExport, ahead of its world premiere in competition at the Cannes Film Festival. The Match Factory is handling international sales on the female-powered movie, and MUBI just acquired the rights in North America, U.K., Ireland, Germany, Austria, Latin America and Benelux, where they will release the film theatrically this year. MUBI has also acquired the movie for Turkey and India.