_With actors and writers on strike in North America, will studios reconsider unveiling new product at film festivals this fall?
"Fall festivals are fucked," Variety quotes a studio exec predicting.
"When it comes to the Toronto International Film Festival ... TIFF will likely be the most impacted if a deal isn’t reached with both guilds. Without stars in attendance, sponsored photo and video studios will disappear, and the media presence will shrink considerably.
One strategist said studios are already considering pulling their movies from TIFF if a deal isn’t reached quickly, saying, “Why would they spend all this money to send the directors and producers to these expensive places? It’s not worth it for them.”
Fests in Venice and Telluride precede Toronto, New York after.
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