FAST Times on the Croisette: Mipcom Sees Deal Activity as Euro Producers Seize Opportunity Amid Hollywood’s Turmoil
variety.comMipcom Cannes sensed a wave of opportunity coming at them from across the Atlantic, as Hollywood muddles through a period of strategic uncertainty and steep losses from the transition to streaming platforms.
The extended labor strife in the U.S. this year, with the Writers Guild of America and SAG-AFTRA waging historic and concurrent strikes, has Euro producers touting the appeal of lensing on the continent with a strong pool of skilled talent accustomed to working at much lower price points.
Also looming over Mipcom was the intense security protocol deployed around the Palais and headlines of bomb scares in France.
The country has been on high alert in the wake of Hamas’ attack on Israel on Oct. 7 and the murder of a high school teacher a few days later.
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