By Indiewire | Indiewire January 25, 1999 at 2:00AM
BUZZ: The Buying Begins! "Blair Witch" and "Following"
by Mark Rabinowitz and Eugene Hernandez/indieWIRE
>> Oooooh, scary! Artisan Acquires "Blair Witch"
After an all-night negotiating session, "The Blair Witch Project,"
Eduardo Sanchez and Daniel Myrick's entry in the Park City at Midnight
section was acquired by Artisan Entertainment on Sunday morning.
indieWIRE spoke with Artisan President Bill Block yesterday and he said
that the distrib saw the film for the first time at Saturday night's
midnight screening and jumped on it immediately. "We're really very
happy with the film," said Block. The deal was signed at six o'clock
Sunday morning -- it includes all worldwide theatrical and ancillary
rights, and also a multi-picture first-look deal with Haxan Films, the
pic's producer. Block also told indieWIRE that the yearling distributor
ponied up a sum in the low-seven figures.
The harrowing pic was produced by Greg Hale and Robin Cowie, and
co-produced by Michael Monello, who along with Sanchez and Myrick, make
up the five principles of Haxan Films. The deal was negotiated by
Artisan's Jeremy Barber and for the filmmakers by the Endeavor agency and
Stuart Rosenthal of Bloom, Hergott, Cook, Diemer and Klein and Foxe. The
sale was the first of Endeavor's newly created sales department.
>> Zeitgeist Acquires "Following"
Next Wave Films' "Following" which was directed by Christopher Nolan and
will screen this week at Slamdance, has been acquired by Zeitgeist for
domestic distribution. Next Wave President Peter Broderick confirmed
the deal yesterday and indicated that Zeitgeist first saw the film
shortly after it screened at the Toronto Film Festival. The film will
screen next week at the Rotterdam Film Festival.