Unsold Indie Films Seek Streaming Buyers While U.S. Self-Isolates From Coronavirus
Published on Mar 26, 2020
As the coronavirus pandemic forces global audiences into their homes and film and television production grinds to a halt, unsold independent films have become attractive options for distributors seeking fast content, numerous industry insiders tell Variety.
Streamers including Apple TV Plus, Hulu, Amazon Prime and the major studios are showing renewed interest in finished films from festivals past, like January’s Sundance, as well as orphans from the canceled SXSW and postponed Tribeca film festivals, sources say.
Netflix is also in the game, according to one top sales agent speaking on the condition of anonymity, though it faces a unique roadblock: the amount of time and money it would take to dub acquired films in the languages of its 160 million global subscribers, which could be prohibitive in streaming those movies immediately.
Spokespeople for Apple, Hulu, Amazon and Netflix declined to comment on the matter, though many inside those com- panies
Read full article at: Variety - Film News
Author: Matt Donnelly