TIFF 2020 in Film Awards, Festivals, & Lists Posted July 30 · Edited July 30 by Darren H · Report reply My sense of the Venice, TIFF, NYFF partnership is that they're essentially agreeing to drop (temporarily) their battles over premiere status. Not that it really matters this year. Everyone is just trying to keep people employed and their bills paid in hopes of returning to some new sense of normal in 2022. I suspect the fall festivals will function primarily this year as launch platforms for VOD releases. The festivals will take a small cut of that revenue, but whatever streaming they do will have to be locked down tight. I wonder if the virtual screenings will be like press screeners, with the user's name watermarked on the image? As an aside, I remember attending a public screening of Jia Zhangke's 24 City at TIFF a decade ago. It was in a small room and every seat was sold. I asked a friend, who was formerly a TIFF programmer, why they would put a Jia film on such a small screen. Her answer had never occurred to me before: "This film already has Canadian distribution, and Toronto is Canada's biggest market. Every ticket TIFF sells is one less future ticket sale for Films We Like." Now imagine how a virtual premiere will undercut the market value of a film! I have to imagine that the people behind the fall premieres are essentially writing off US box office -- as we're seeing with the shifting release strategy of films like Tenet. Their best hope is to get the films onto European and Asian screens for two or three weeks and then rent/sell the films online to as many people as possible. Actually, I guess their best hope is a deal with Netflix or Amazon. I have a lot of dear friends who earn their meager livings as filmmakers, publicists, programmers, critics, etc. I don't know how most of them are going to make rent for the next two years. EDIT: After looking at TIFF's lineup, I'm not sure how many of these have VOD launch potential? There are a lot of films by major directors ready for release, not to mention the acclaimed films that premiered at Sundance and Berlin. None of them are playing at TIFF. Looks like we won't be seeing any of them for quite a while. EDIT 2: Variety just published an interesting conversation with Oren Moverman. Quote The idea of independent financing, putting together films that have no home, taking them to festivals, trying to sell them — they’re going to have to take on a very different model, if they get made. A lot of producers I talk to are looking to set up projects with the streamers, the studios, whoever’s going to be left standing. Whereas the sort of grungy putting together of ten dollars here, ten dollars there to make a film — it’s possible from a financial standpoint, it’s just a question of where it will ever be seen.