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.
Read more on variety.com
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