The company's upcoming slate shows continued commitment to mixing it up. After Cannes, it unveiled Jodie Foster's "The Beaver," a $25 million offbeat dramatic comedy starring Foster and Mel Gibson, which effectively sold out overseas in a matter of days, according to Summit Intl. prexy David Garrett.
"Because there is so little good product in the marketplace, it ultimately creates more demand for an enticing prospect like this," he says. "And we don't try to kill our distributors on these deals. If we were trying to sell this with a $60 million budget, I'm sure it would be very different."
"Because there is so little good product in the marketplace, it ultimately creates more demand for an enticing prospect like this," he says. "And we don't try to kill our distributors on these deals. If we were trying to sell this with a $60 million budget, I'm sure it would be very different."
"Prices are probably slightly reduced, but when you've got something people want, they will buy it, and for good prices," argues Summit's sales topper, David Garrett. "We announced 'The Beaver' in August, starring Mel Gibson and Jodie Foster, and it has sold out between markets. At the AFM, buyers will have a hit list of 10 films, and that will be it."
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Being understood is not the most essential thing in life--JF
Being understood is not the most essential thing in life--JF
