Five Debuts in Cannes: Another Report from the Cannes Market
by indieWIRE (May 22, 1998)
Five Debuts in Cannes: Another Report from the Cannes Market by Sandy Mandelberger Dominating the stately hotels and apartment complexes of this lush Mediterranean paradise was a virtual army of film sellers who came from the four corners of the globe to offer their wares at the world's largest film bazaar. For five new companies with special relevance to the independent film community, this was their debut in Cannes. The following is a brief profile of each. ACROPOLIS ENTERTAINMENT: Launched by international sales veteran Bill Moraskie, this production and international distribution company will produce and distribute between four and six projects a year, with budgets ranging from $3-$6 million. The company's first projects include "Love Lies Bleeding", a thriller starring Paul Rhys and Malcolm McDowell, and "The Red Box", a World War II drama set in rural Italy, directed by Gianni Amelio and starring Giancarlo Gianni. ARTISAN ENTERTAINMENT: Formerly known as Live Entertainment, this new company not only has a new name but a new strategy. Acquired last year by a group of investors, a new management team was put in place that includes October Films co-founder Amir Malin. The company recently closed its international division after acquiring a percentage interest in Summit Entertainment, a leading international sales company. All future films will be handled internationally by Summit, starting with Roman Polanski's "The Ninth Gate" starring Johnny Depp. Now putting its sole emphasis on the US market, the company is believed to be scouting other acquisition opportunities in a drive to become a fully fledged mini-major. FRANCHISE PICTURES. This Los Angeles-based production and distribution company will handle 12-15 bigger budget ($10-25 million) pictures a year, most of them produced in-house. The first completed project, "Twenty Dates", a romantic comedy written and directed by Myles Berkowitz, was recently acquired for US theatrical by Fox Searchlight. The company has signed a four-picture deal with Natural Nylon, the UK production company founded by actors Ewan McGregor, Jude Law and Johnny Lee Miller. The first film from this collaboration, "White River Kid", a thriller directed by Arne Glimcher ("The Mambo Kids") and starring Bob Hoskins and Antonio Banderas, is slated for the Toronto Film Festival.
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