10 BIGGEST WINNERS AND LOSERS AT THE TORONTO FILM FESTIVAL

The Toronto International Film Festival wraps Sunday with one film taking home the coveted Grolsch People’s Choice Award.

10 BIGGEST WINNERS AND LOSERS AT THE TORONTO FILM FESTIVAL
The Toronto Film Festival used to be an all-night event. Agents and producers would unveil their latest masterpieces, and then wait for the bids to come rolling in through sunrise. But the movie business has changed dramatically in the last five years. Many studios, burnt by costly acquisitions, are exercising more restraint at film festivals, opting to produce their indies internally.

And Toronto’s standing has changed too, as Telluride and Venice have eclipsed its position as the first stop on the awards season trail. Instead, rather than being a festival of discoveries, Toronto has become a destination to binge watch the latest fall movies that are about to explode. That’s not necessarily a bad thing, and many movies got a boost from screening in Canada. But it does mean that if you’re premiering a movie at the festival, it’s much harder to get noticed.

Here are some of the biggest winners and losers from the 2019 edition of Hollywood’s trip up north.

WINNER: Netflix
The streaming service dominated the festival, fielding a number of critical favorites such as “Marriage Story” and “The Two Popes” that seem destined to become serious Oscar contenders, as well as buzzy crowd-pleasers like “Dolemite is My Name,” starring Eddie Murphy. It’s a sign of how far Netflix has come in just a few years, when big directors still clung to the notion of theatrical releases in mass multiplexes. That narrative has changed as a result of Alfonso Cuaron’s “Roma,” which scored 10 Oscar nominations last winter and cemented the studio’s reputation for being filmmaker-friendly. Even Meryl Streep, who stars in Steven Soderbergh’s “The Laundromat,” offered a glowing endorsement for why she’d starred in her first Netflix film.

LOSER: The Market
Bidding wars were few and far between at this year’s Toronto. The good news: Agents got to bed early. The bad news: Many filmmakers are still scrambling to find homes for their movies.  READ MORE


TIFF 19: THE BIGGEST WINNERS AND LOSERS AT THIS YEAR’S FILM FEST
The Toronto International Film Festival wraps Sunday with one film taking home the coveted Grolsch People’s Choice Award.

Winners of the prize have a solid track record of going on to have big nights at the Oscars and Golden Globes, and in its 44-year history TIFF has cemented itself as a launch pad for awards season.

Going into this year’s festivities, which began Sept. 5 and run through Sunday, TIFF co-head Cameron Bailey touted a lineup led by Tom Hanks in A Beautiful Day in the Neighborhood, Joaquin Phoenix in Joker and Jennifer Lopez in Hustlers.

Bailey also hailed Taika Waititi’s Nazi satire Jojo Rabbit and Meryl Streep’s seething performance in Netflix’s financial drama The LaundromatREAD MORE


 

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