Dealmakers who came into Park City hoping to recapture the acquisitions momentum of last fall's Toronto Film Festival returned this week with smiles on their faces. And why not? By my count, 38 transactions have been completed on Sundance films so far, with several more coming. Buyers estimate that at least eight of those deals brought a minimum guarantee of $2 million or higher: The Details and My Idiot Brother to The Weinstein Company, Like Crazy to Paramount/Indian Paintbrush, Margin Call to Lionsgate/Roadside Attractions, Another Earth to Fox Searchlight, Silent House to Liddell Entertainment, Homework to Fox Searchlight, and The Devil?s Double to Lionsgate and Herrick Entertainment. 
Nobody could be accused of the drunken spending that occasionally happened in past Sundance Festivals. But considering the shellacking the indie business has taken over the past several years, there were intriguing team-ups and bold plays all over the place. Like when Sony Pictures Classics acquired the Michael Shannon-in-meltdown-mode Take Shelter, sight unseen, and the SPC team strutted when the film played to glowing reviews; when Steven Rales? Indian Paintbrush became the surprise catalyst in the� $4 million deal to acquire festival favorite Like Crazy, or when Ron Burkle partnered with Harvey Weinstein in the $7.5 million guarantee/$10 million P&A acquisition of the Tobey Maguire black comedy The Details; when Focus Features bought ... Read More »Source: http://www.deadline.com/2011/02/sundance-2011-does-38-film-deals-mean-that-the-indie-biz-is-back/
Natasha Bedingfield Natassia Malthe Nelly Furtado Nichole Robinson Nicky Hilton
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