![]() ![]() ![]() “Dealmaking is more constant, it’s not broken into the markets any more, and deals are taking longer to get done - they might not close until a month later,” added Bocco, who also pointed that IFC is in talks for one of two titles out of the AFM. But those optimistic sentiments don’t fully consider the harsh reality of China being largely absent as buyer, currency movements of anywhere between 10% and 25% that are big enough to endanger dealmaking and rising interest rates that threaten stagflation in territories such as the U.K.įew deals were unveiled during the market, which is due to the fact that there were fewer projects shopped, as well as the fact that the pandemic has changed “buying cycles,” as Arianna Bocco, IFC Films president, puts it. ![]() There were only two buyers from China, and 14 from Russia.Ī few brave souls were heard uttering the mantra about film being counter-cyclical or even recession-proof. and Japan, which was the most active contingent from Asia. Buyers from 68 countries turned up, with the largest bulk coming from the U.S., followed by Germany, the U.K. From Asia, South Korea and Thailand had 17 and eight exhibition companies respectively. coming from the U.K., followed by Italy, France, Germany and Canada. At AFM, 305 companies from 38 countries registered as exhibitors, with the largest number of exhibitors after the U.S.
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