Also Wednesday afternoon, Jane Fonda picks up a role, Anthony Hopkins and Andy Garcia team for a story about Hemingway in Cuba and Sacha Baron Cohen’s midnight screenings outshine Dark Shadow.
Cannes Market Up 9% in 2012
The Marché du Film — better known as the Cannes Film Market — is defying a flat economy locally and growing by leaps and bounds. This year, 4,600 titles including finished films and projects, are up for sale in the market, a separate component from the overall Cannes Film Festival. And the number of buyers has also increased, according to the market’s own publication, Cannes Market News. Two hundred more buyers from around the world have descended on Cannes compared to last year, bringing the total to about 1,900. “Maybe it’s the word of mouth or the fact that the festival is celebrating its 65th anniversary this year, but we have the feeling people want to be here,” noted Marché du Film director Jérôme Paillard. The Cannes Film Market is now in its 53rd year.
Sundance Blesses Utah with $80M
Festivals are a business and they’re a big draw of people with expense accounts (and those without). The 2012 Sundance Film Festival, which takes place primarily in Park City, UT had an $80 million impact on Utah including $6.9 million in tax revenue and supporting 1,731 jobs. 46,000 attended the festival, an increase of 2% from the previous year. “Nationwide it is proven that the arts boost tourism, create jobs, increase educational outreach and support local businesses, and we are proud to be a strong example of this,” said Sundance Institute exec. director Keri Putnam.
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