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TIFF Market: Why Netflix Is Shelling Out Big Bucks for Festival Flicks | Analysis

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Tue, Sep 19, 2023 04:28 PM

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Amid a Toronto International Film Festival beset by strike concerns and a cutback on content splurge

Amid a Toronto International Film Festival beset by strike concerns and a cutback on content splurges, the streaming leader is still cutting checks [Toronto and Venice Film Festival]( [TIFF Market: Why Netflix Is Shelling Out Big Bucks for Festival Flicks | Analysis]( By Scott Mendelson and Umberto Gonzalez Netflix spent big at this year’s Toronto International Film Festival, picking up Anna Kendrick’s directorial debut “Woman of the Hour” for $11 million and Richard Linklater’s well-reviewed “Hit Man” for $20 million. But other than that and despite an unusually numerous 50 titles for sale, the TIFF market at large was muted. The lack of activity was in sync with the festival season for 2023 so far, as Sundance and Cannes went off with a smattering of deals compared to years past. [Read More]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe](

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