European Film Market which at one and the same time has underscored the challenges still facing the international independent film business.
Following by way of an industry wrap, a dozen takeaways on the 2023 Berlin market, including its Berlinale Series Market, an ever more building proposition at the Festival. The Verdict If the European Film Market is anything to go by, broadly, the international movie market is in some ways making a international comeback, despite still vastly challenging circumstances.
On Thursday, the EFM reported “record results” of a total of over 11,500 market participants from 132 countries. “It was a rather busy market, with no single must-have, but much mid-sized product,” recognizesConstantin’s Martin Moszkowicz of this year’s Berlin European Film Market, noting that Constantin received about 90 project submissions prior to market, “which is a lot.” “There’s been more deals happening at the EFM than at Sundance and we sense a new vibrancy in the international markets,” says Nick Shumaker, at Anonymous Content’s AC Independent. The Deals Actual deals though eye-catching were at something of a premium.
Word on the market floor is that Vin Diesel starrer “Riddick: Furya,” from Rocket Science, has closed one major market for around $7 million.
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