Kicking the Cannes: No Fun at the Beach for Dealmakers This Year
The Cannes Film Market saw a couple of significant deals this year, including A24's acquisition of 'Club Kid' for $17 million. However, the overall atmosphere was subdued, with many buyers expressing frustration over the lack of timely announcements for available projects. The independent film industry is undergoing a transition, as traditional revenue streams have diminished, leading to a cautious approach from buyers.
- ▪A24 acquired 'Club Kid' for $17 million, marking a standout deal at Cannes.
- ▪Amazon secured international rights to 'Pumping Black', another notable deal during the market.
- ▪The independent film industry is facing challenges as traditional revenue models are changing, impacting deal-making.
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Jordan Firstman poses during the 'Club Kid' photocall at the 79th annual Cannes Film Festival at Palais des Festivals on May 15, 2026 in Cannes, France. Aurore Marechal/Getty Images Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment When the lights went up after the Cannes premiere of Jordan Firstman’s Club Kid, the writer-director scooped up his 14-year-old co-star Reggie Absolom in his arms and started a chant in his honor. He knew he had a winner. A few days and nights of a bidding war later, he was proved right.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hollywood Reporter.
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