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Indie Films Are Staging a Box Office Comeback. How Will That Affect the Toronto Film Festival?
Hits like 'Longlegs,' 'Thelma' and 'Late Night With the Devil' are reviving the indie film business. What does it mean for the Toronto Film Festival?
The success of movies like “ Longlegs,” “ Thelma ” and “Late Night With the Devil” have helped a sector of the entertainment industry — crushed by COVID, strikes and streaming — mount a box office comeback. This year’s festival will host premieres and gala screenings for the likes of “The Piano Lesson,” an adaptation of August Wilson’s supernatural look at the legacy of slavery that Netflix hopes to turn into a best picture contender, as well as Neon’s “Anora,” a farce about a stripper and a Russian oligarch’s son that won the Palme d’Or at Cannes, and Focus Features’ “Conclave,” a Vatican-set thriller. Tom Bernard, co-founder of Sony Pictures Classics, the distributor of Oscar winners such as “Call Me by Your Name” and “The Father,” says the new business model requires ceding too much control to chains such as AMC and Regal, which operate the majority of theaters.
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