WHY: Earlier this year, «The Way, Way Back» made waves at the Sundance Film Festival when Fox
Searchlight bought the crowd favorite for a near - record $ 10 million, and though that may sound like a lot for an indie movie, it was worth every penny.
Earlier this year, «The Way, Way Back» made waves at the Sundance Film Festival when Fox
Searchlight bought the crowd favorite for a near - record $ 10 million, and though that may sound like a lot for a small indie movie, it was worth every penny.
Fox
Searchlight bought it, and immediately gave it a prime Dec. 9 release date, perfect for launching a best - actress campaign for star Natalie Portman.
But its top contender last year, «The Birth of Nation» — which
Searchlight bought for a record $ 17.5 million at Sundance — was derailed after a 1999 rape allegation surfaced against director and star Nate Parker.
Mounting something at this late date can be done (Fox
Searchlight bought both Oscar - contenders «The Wrestler» and «Jackie» in Toronto), but it's a tall order.
While it is a light year for Best Actor contenders and it's possible to mount something late (Fox
Searchlight bought both Oscar - contenders «The Wrestler» and «Jackie» in Toronto), it's a tall order for a fledgling studio like Byron Allen's Entertainment Studios, even with top - flight awards wranglers on board.
Fox
Searchlight bought it at Sundance for a reported $ 9.5 million.
Not exact matches
Unlike SEO tools that lean on paid positioning and advertising,
Searchlight helps brands connect with key
buying personas via nonpaid channels such as the company website, organic searches and social media — «where most traffic comes from anyway,» says Conductor co-founder and CEO Seth Besmertnik.
This year,
Searchlight didn't
buy anything at Sundance.
The wannabe indie crowd - pleaser Patti Cake $, which was
bought by Fox
Searchlight for a hefty $ 9.5 million, averaged an underwhelming $ 4,714 per screen, once again proving that the primary audience for these Sundance items is probably at Sundance and that the distributor that paid $ 12 million for Me And Earl And The Dying Girl and $ 17.5 million for The Birth Of A Nation should maybe consider setting a spending cap for future Sundance - hype - echo - chamber bidding frenzies.
Last year's rap drama «Patti Cake $,»
bought by
Searchlight for $ 9.5 million, earned just $ 800,000 domestically ($ 1.5 million worldwide), while the feel - good documentary «Step» has grossed $ 1.1 million after a $ 4 million purchase last January.
And the film was perhaps the popular hit of the festival this year, greeted by a standing ovation, and
bought by Fox
Searchlight for a near record - breaking $ 9.75 million.
Aside from that performance and Roger Deakins's cinematography, which is full of desert sizzle and
searchlight - generated shadow, I'm not
buying this movie; and I've seen it twice.
Perhaps the fate of Patti Cake $, which Fox
Searchlight Pictures
bought out of the festival last year for $ 9.5 million and made $ 1.5 at the box office, served as a kind of cautionary tale.
Though early sales got off to a slow start, the dam burst over the weekend and a few major sales were made for at least three high profile and highly regarded films: Gavin Wiesen's Homework was
bought by Fox
Searchlight, Drake Doremus» Like Crazy was
bought by Paramount, and Jesse Peretz's My Idiot Brother was
bought by The Weinstein Company.
The big news today coming out of Sundance is that Nate Parker «s film Birth of A Nation has been
bought by Fox
Searchlight for $ 17.5 million.
Fox
Searchlight ended up
buying it for over $ 4 million.