The Cannes Effect: A New Era for Independent Film Distribution The lights may have dimmed on the red carpet at this year's Cannes Film Market, but the industry is undergoing a profound shift.
The old model of independent film distribution, built around pay one television windows and predictable revenue streams, is fraying. New players are rushing to fill the vacuum created by the disruption.
Two eight figure deals were struck: A24's reported $17 million worldwide deal for Jordan Firstman's Club Kid, and Amazon's acquisition of Mimi Cave's Pumping Black for a similar sum.