Variety ahead of the annual London Screening sales market, which runs this week. Participants in the wide-ranging conversation were Prentiss Fraser, president of television distribution for Fifth Season; Louise Pedersen, CEO of All3Media International; Tim Mutimer, CEO of Cineflix Rights; Jonathan Ford, managing director of Abacus Media Rights; and Bea Hegedus, executive managing director of distribution at Vice Media.
Read on for our wide-ranging discussion on the state of distribution: What signs are you seeing of a cautious market? Jonathan Ford (Abacus): Many studios are reassessing their organizations.
One executive told me that they’ve had $27 million cut from their acquisitions budget for international for the next year. That’s a big cut. Prentiss Fraser (Fifth Season): It’s unsettling.
You might start out your week with one buyer and finish out your week with someone new you need to speak to. It was quite unstable over the last year.
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