Sunday, September 17, 2017

TIFF 2017 wrap: Netflix


by Allan Tong

2017 will be remembered as the downsized TIFF: fewer films, slower sales and smaller red carpets (literally). The Canadian economy is growing, but Hollywood is in a slump, coming off its worst summer box office in over a decade. Inevitably this effects TIFF which the Hollywood studios use (Sept.7-17 this year) as the unofficial launch of the Oscar race. Before the festival, TIFF had already announced the end of the Vanguard and City to City programs and, sadly, the cessation of multimedia exhibitions in its gallery space, such as the dazzling ones to Kubrick and Cronenberg. Of course, the biggest news was TIFF CEO Piers Handling announcing his retirement after the 2018 edition.

The Italian party hosted by Mongrel Media

Where is TIFF headed? Where is the movie industry headed? One answer: the internet.

The studios used to premiere star-studded films at TIFF before releasing them in the following weeks and months to qualify for the Oscars and determine their marketing plans. This year, streaming giant Netflix has unveiled two acclaimed features, First They Killed My Father and Mudbound at TIFF.