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April 26, 2005
Fox Searchlight: Well, the model is, some of their films are really working
Variety reports from a Tuesday Tribeca Fest panel on "specialty" releasing; Fox Searchlight was the patient on the table: "Sony Classics co-prexy Tom Bernard was more dubious... He called midsize pics "a questionable venture," noting, "If a movie like Sideways, which I think cost a lot of money to promote, doesn't work, it's an incredible loss." ... Kinsey, for example, didn't catch on."They cancel each other out," he said of the two pics."Our goal is to have singles and doubles... We'd rather release 22 movies a year, and, you know, spending a little money on each one, and if one happens to pop, then all the better for us." [Bob] Berney replied, "Everyone goes, 'Well, we want to use the Fox Searchlight model,' and you're sort of like, 'What is that model?' and they go, 'Well, the model is, some of their films are really working.'"
Posted by at April 26, 2005 07:43 PM
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[Edited] Nonsense --Rice has a full fledged business plan that was vetted by senior management... First off, producers slice their fees by 50% in exchange for meaningful backend. No film is ever made above $16 million. The filmmaker is king. Pick up finished films whenever possible... He has a plan, he marches by it, and doesn't follow, and has a better ratio than Rothman.
Posted by: S. Dooley at April 27, 2005 05:52 PM
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