It’s Friday, you’re starting to think about the weekend, so it must be Insider time. Join me once again as the team at Deadline International take a critical look at this week’s big news. Continue reading.
NATPE AND EDINBURGH IN TURMOIL
Bad news from NATPE: This month was supposed to be all about bringing people together at industry events. Surely, in the international TV industry, everyone we talk to is – sincerely, for once – excited to be returning to Mipcom (or Mipcom Cannes, as it’s been quietly rebranded) later this month. However, October started horribly for fans of trips to entertainment industry confabs: On Monday, NATPE filed for bankruptcy instead of picking up its Miami business and moving it to the Bahamas as planned, then it emerged that the Edinburgh International Film Festival had done the same. way. NAPTE, which has housed executives, producers, syndicators and distributors for decades, cited Covid as its downfall in a Chapter 11 filing. Market watchers had privately muttered about the organization’s financial health following the his decision to postpone the Miami event last January and it ultimately turned out to be the case. Fans of boutique talk around Fontainbleau’s pools and bars (myself included) must be saddened by the development, and hopefully a restructuring plan can save the operation. Either way, NATPE says it will continue its Nassau conference in January 2023 and hold its NATPE Budapest event in June. Dade Hayes had more here.
Edinburgh Castle: That wasn’t the bad news. Later in the week, the directors of the Center for the Moving Image (CMI), the charity that runs the Edinburgh International Film Festival and the Filmhouse cinemas in Edinburgh and Aberdeen, announced that they had appointed administrators, will cease their activities immediately. A statement pointed to ‘a perfect storm’ of rising costs and falling admissions due to the pandemic, exacerbated by the UK’s deepening cost of living crisis. Tragically, the news came just months after the Festival celebrated its 75e anniversary – this is the oldest event of its kind in the world. Stars such as Paul Mescal (normal people) and director Charlotte Wells (After Sun) had participated. Staff at all three sites are expected to be made redundant and one can only hope funds will be found somewhere to save this piece of history from the end. Zac’s report provides more.
LONDON FILM FESTIVAL LAUNCH
What do Rishi Sunak and Emma Thompson have in common? : The 66th London Film Festival kicked off Wednesday night with the world premiere of Mathilde the musical, the latest big-screen classic in Roald Dahl’s classic tale. The film seemed to play well with opening night audiences on a chilly night in the UK capital at the Royal Festival Hall. And, as always, the screening was a star-studded event with an eclectic collection of names including Rishi Sunak, Britain’s former Chancellor of the Exchequer who recently failed to become Prime Minister and leader of the Conservative Party. Our man Baz took a few minutes with Emma Thompson, who plays the fearsome Miss Trunchbull in the film, and found out about her previous role in Nanny McPhee meant that she was not the terrifying presence on set that she was hoping for. The LFF runs from October 5-16, and the hottest ticket in town is the debut of the highly anticipated Rian Johnson Knives out suite, which closes the festival. Earlier this week, Netflix revealed that the film will receive a wide release in 600 US theaters and select international theaters before hitting the streamer on December 23.
SUPPORT FOR PROTESTS IN IRAN INCREASES
#HairForFreedom: Isabelle Adjani, Bérénice Bejo, Juliette Binoche, Laure Calamy, Marion Cotillard, Julie Gayet, Charlotte Gainsbourg, Isabelle Huppert and Alexandra Lamy were among a group of high profile French actresses showing their support for Iranian women on Wednesday at the entrance Mahsa Amini protests a third week in Iran and around the world. Amini died in police custody on September 16 after being arrested for failing to wear her hijab properly in accordance with the country’s strict religious laws and letting a few strands of hair escape. Joining other women around the world, the French stars have backed a video campaign, hashtag #HairForFreedom, showing them cutting off a lock of their hair in a show of solidarity. Needless to say, it quickly went viral. of Iranian descent The Lord of the Rings: The Rings of Power Star and Amnesty International UK Ambassador Nazanin Boniadi also showed her solidarity this week with a heartfelt guest column on Deadline about the repression of women in Iran and the need for all women to be vigilant about the respect for their rights in the world. Back in Iran, anti-government protests – led by women and students – continue despite harsh repression by the authorities. The government has also targeted non-state and internet broadcasters, prompting French satellite operator Eutelsat to issue a statement on Thursday that its satellites had been blocked from Iran.
BANIJAY GOES BEYOND
Implementation of the scheme What? : The world of independent production has become increasingly consolidated over the past decade, and in large part thanks to French powerhouse Banijay. This week, Deadline was first to break the news that Banijay had made its biggest acquisition since buying Endemol Shine Group two years ago by entering into a bizarrely titled deal called Scheme Implementation Deed to acquire the producer- Australian factual distributor Beyond International. The acquisition deal – let’s call a spade a spade – is worth around $30 million, which represents a good premium for the shareholders of MythbustersSociety Beyond. It’s not a game-changing deal in the same way as the Endemol Shine deal, or Banijay’s 2016 merger with fellow Zodiak Media Group, for that matter. However, this takes another independent player out of the market and means Banijay’s sales library is expected to reach 138,000 hours once the deal closes. With Mipcom just around the corner, producers and distributors around the world will be abuzz to find out if this deal represents a larger wave of international consolidation and if their companies could be part of this gold rush. It wasn’t the only international M&A deal this week, with Leonine Studios (see below) and Newen Studios both buying independents. Read the latest news on the Banijay Agreement here.
In the metaverse with Mediawan: The French company Mediawan Rights took a step into the world of Web3 this week. We broke the news that the fledgling distributor launched a metaverse space for acquisition managers ahead of Mipcom. You might think that sending shoppers deeper into the digital world just ahead of what’s likely to be the biggest physical market is somewhat counterintuitive, but anything that gives you an edge over your rivals and gets the people can only be a good thing in the long run. Course. We will keep an eye on Metawan’s performance in the coming months. Check it here.
THE INTERNATIONAL OSCAR RACE HAS WARMED UP
Whose is your money? : There were a series of announcements regarding nominations for the Best International Picture category at the Oscars this week as the October 3 submission deadline was reached. So far, about 85 applications have been made public compared to 93 final submissions last year. Some territories don’t publish their submissions, so the final tally remains to be seen when the Academy releases the official list. The hottest contenders in the category so far this year include Lukas Dhont close for Belgium, Saint Omer by Alice Diop for France, Edward Berger In the west, nothing is newby Jerzy Skolimowski HEY for Poland, Park Chan-Wook’s Decision to leave for Korea and Santiago Miter Argentina, 1985 for Argentina. Two territories said they would not race this year. Russia has said it will not participate this year amid deteriorating relations with the West following its invasion of Ukraine. Egypt will also not participate this year after its selection committee decided not to send a film for lack of a credible candidate.
🌶️ A warm: We have revealed that Germany’s Leonine Studios has acquired its compatriot Gebrueder Beetz Filmproduktion.
🌶️ Another: Thomas Vinterberg’s first television series has established its cast and entered production.
🌶️ Another one? Sure: UK podcast house Novel has hired Universal Studio Group’s Neil Krishnan to oversee a film and TV push. Max broke it.
🌶️ One more for luck: Michael Ball will revisit Aspects of love in the reimagined Andrew Lloyd Webber musical. Baz with this one.
🗣️ Speak out : Bernie Ecclestone slams rival Formula 1 documents as his own Fortunate! the series has added broadcast and streaming partners, as I revealed yesterday.
🤝 Agreement reached 1: BBC Studios has increased its stake in British theater house Firebird Pictures to 100%.
🤝 Agreement reached 2: Mel got the scoop on Meridian Pictures’ partnership with Saudi Arabia’s Hakawati Entertainment.
🤝 Agreement reached 3: eOne has reached a first deal with BAFTA-winning writer-director Paul Andrew Williams, as revealed by Max.
🙅 No arrangements: RTL Group will not sell French broadcaster M6 after exploring sale options. More here.
🇮🇪 Outside Ireland: Kilkenny’s Lighthouse Studios are developing a crime drama based on a graphic novel wild city.
Zac Ntim and Melanie Goodfellow contributed to this week’s Insider