JANUARY
26, 2005
11:19a
- Sundance lasted five whole days this year.
Early
reports that the festival was more crowded than ever proved to be remarkably inaccurate.
Perhaps there is credit due to festival organizers for being better organized
this year. But my landmarks are simple
can I park at Eccles, can I park
on Main Street, can I park at The Racquet Club, can I park at the Yarrow? This
year, for the first time in years, the answer was an astounding "yes."
It wasn't even challenging.
Yes,
there were still obnoxious crowds on Main Street for parties at night, but by
midnight, except on Friday and Saturday night, you could walk the street without
bumping into anyone.
And
by midnight on Tuesday night, you could throw a rock and not hit anyone
unless you were aiming at Harry O's.
Oddly,
this front-loaded festival is still chugging along in terms of movies. Thumbsucker
is in play, Murderball is in play, Junebug will be in play, The
Dying Gaul is still in play, The Devil and Daniel Johnston is in play
etc, etc, etc
There will be one or two more. And the Dependents have proven
that they don't learn their lessons well. Hustle & Flow is a statement
film, so Paramount's deal was not unreasonable. And the competition was that many
millions behind the winner of the bidding war. But $7.5 million for Matador?
$4 million for Hard Candy? How much is Pretty Persuasion holding
out for?
That's
the trick of Park City. There is good and there is good business. Last year, the
two met. The richest deal was around $5 million. That figured doubled this year
and a with the "real" film business, the middle and lower class got
their bumps too. Does Lions Gate think they have another Open Water with
Hard Candy? Tee hee.
In the meanwhile,
I get the odd sensation that the Paramount Classics situation has turned
a corner. With Ruth Vitale and Jeffrey Freedman taking
responsibility here in Park City for the Hustle & Flow deal,
and Brad Grey staying up until 5 am with them, makes the argument
made by myself and others that all Vitale & Dinerstein needed to
be effective was the chance. Tom Freston lived up to his word
and give them that chance
and they succeeded. Meanwhile, Bob
Berney's Newmarket team is covering the festival like a blanket,
not even hinting that the possibility of a buy out is still in the offing.
Look for Paramount to pick up at least one more title while here - probably
a doc - and to start settling into a more aggressive business model
by this time next year.
Then
over at Miramax, there is the theory that these purchases are a big "screw
you" to Disney, but probably not. With the freedom and budget to buy, one
has to figure that these two titles (Wolf Creek and The Matador)
somehow fit into The Weisteins' financial plans for their Disney exit, though
there is a quiet murmur that there may still be one last shot at a reconciliation,
even though Harvey has been offering jobs in his new company to various current
and former 'Maxers.
Day
Six
Day
Five
Day
Four
Day Three
Day Two
Day One
Preview:
The Hot Button