Summer Box Office Report, Is Netflix Changing Tune on Theatrical?, & TIFF Lineup with President Cameron Bailey

14 Aug 2026 · 55 min · 34 chapters

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In short

Screen Talk covers the summer box office, whether Netflix is shifting back toward theatrical releases, the Warner/Paramount legal “WarnerMount” dispute ahead of a March 2027 trial, and TIFF’s lineup plus the new TIFF Market with CEO Cameron Bailey.

Guests

Anne Thompson (host, IndieWire). Brian Welk (IndieWire business reporter, filling in for Ryan Latanzio). Cameron Bailey (TIFF CEO; appears later for the TIFF segment).

Guest backgrounds

Welk covers business for IndieWire. Bailey leads the Toronto International Film Festival; previously involved in major film programming and industry dealmaking.

Key claims

Summer box office is up ~20% vs last year; Spider-Man: Brand New Day is driving record-breaking results. Relationship-focused dramas/horror are outperforming expectations. Netflix’s theatrical windows (e.g., 45 days) aren’t a strategy change, but a targeted approach for tentpoles. The WarnerMount dispute is expected to settle; exhibitors want 45-day windows and guaranteed theatrical quality/volume.

Notable examples

Obsession, The Materialists, Odyssey, Tony (Anthony Bourdain film), Netflix’s Charlie and the Chocolate Factory remake, TIFF titles like Being Human, Wild Horse 9, Misty Green, Elon Musk doc, and platform film Ang.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

The WarnerMount Saga Overview

0:03 to 0:36

Discussion about the upcoming WarnerMount trial and summer box office trends.

“So you were scrolling on Marketplace and there it was, the bike you'd been searching for.”

The WarnerMount Saga Overview

1:02 to 1:58

Discussion about the upcoming WarnerMount trial and summer box office trends.

“We're going to take a look at the summer box office.”

Analyzing the Summer Box Office Performance

1:58 to 4:10

Insights into summer box office hits and the impact of various films.

“I don't think we're at pre-COVID levels, at least for the year.”

Themes in Successful Films

4:10 to 6:28

Exploration of relationship dynamics in films driving today's box office success.

“My pet theory, if you will forgive me, is that relationship anxiety is at the root of many of these successful films.”

Review of 'Tony' and Its Impact

6:28 to 7:57

A review of the new Anthony Bourdain movie and its potential box office success.

“from the uh blackberry director matt johnson so so tell me um it's got you know we've talked about a little bit ryan and i but um it's it's a relationship drama too and it might really do well.”

Netflix's Theatrical Strategy

7:57 to 12:30

Discussion on Netflix's changing approach to theatrical releases and implications.

“All those cutaways to his little reaction shots, you know?”

Industry Predictions and Future Outlook

12:30 to 14:00

Predictions on how Netflix and the broader industry will navigate theatrical releases.

“But my theory here, too, is that Sarandos, when he went into looking under the hood at Warner Brothers, saw the numbers.”

Assessing Studio Capacities for Film Production

14:00 to 15:00

Discussing the feasibility of studios like Paramount and Warner Brothers producing 30 films a year.

“Maybe Netflix knows how to do 30 pictures a year, but I do not believe, honestly, I really don't believe that Paramount and the new Warner Brothers are capable of making 30 movies a year.”

The Role of Exhibitors in Film Distribution

15:00 to 16:00

Exploring the relationship between studios and exhibitors in the current film landscape.

“And you have to wonder if some of the other smaller chains, especially this is something else we want to look into.”

Netflix's Theatrical Release Strategy

16:00 to 17:00

Analyzing Netflix's approach to theatrical releases compared to traditional studios.

“This is going to be pay-per-view or whatever it is.”
Show all 34 chapters

Impact of Movie Windows on Theatrical Success

17:00 to 18:00

Discussing the significance of theatrical windows and their implications for studios.

“But I think, too, there's a lot of movies that are already in development and in the pipeline at both studios.”

DGA Negotiations and Industry Changes

18:00 to 19:00

Examining the ongoing negotiations involving the DGA and their impact on the industry.

“But it seems just a little bit of a, like, that this is the number or these are the things that we're getting hung up on.”

Financial Stakes in Film Settlements

19:00 to 20:00

Delving into the financial motivations behind settling disputes in the film industry.

“They're big things and they are, you know, is this not the whole point of the merger to be able to combine that?”

The Complexity of Antitrust Lawsuits

20:00 to 21:00

Understanding the implications of antitrust lawsuits in the entertainment sector.

“Some people think it isn't, that they're so incredibly wealthy, these billionaires, that it doesn't matter to them.”

Public Negotiations and Their Implications

21:00 to 22:00

Discussing the implications of public negotiations in the film industry.

“So, so that really makes you wonder, are they really going to, yeah, go to trial and do this?”

The Broader Context of CNN and Regulatory Issues

22:00 to 23:00

Analyzing the intersection of media ownership and regulatory scrutiny.

“and the IA want, but that's obviously where these conversations are going.”

Cable Networks and Their Value in the Industry

23:00 to 24:00

Exploring the value of cable networks in the current media landscape.

“I think there's real issues at play in Hollywood.”

Challenges in Disentangling Media Entities

24:00 to 25:00

Discussing the challenges of separating media properties within conglomerates.

“They there's just a whole lot there, I guess.”

New Titles at the New York Film Festival

25:00 to 26:00

Highlighting new film titles being showcased at the New York Film Festival.

“So let's move on to the new titles that have dropped at the New York Film Festival.”

Recommending Films and Series to Watch

26:00 to 27:00

The hosts recommend noteworthy films and series currently available.

“I'm looking forward to that one that looks like a fun concept and premise.”

Exploring 'Union County' and Its Themes

27:00 to 28:00

Discussing the themes and unique storytelling of 'Union County'.

“And the program that they're in, in which they're having to go to court and talk about their recovery and the efforts that they go to.”

Exploring the New Amazon Series Sterling Point

28:09 to 29:01

Learn about the fun and engaging elements of Sterling Point, a new series by Megan Park.

“And she returns to another bucolic summer in Canada on a lake with young people, folks, who are fun and lively and entertaining and very troubled all at the same time.”

Cameron Bailey Discusses Awards Contender Being Human

29:50 to 30:48

Discover insights about the film Being Human and its inspiring true story.

“So I'm going to launch into the program.”

Anticipating Martin McDonagh's Wild Horse 9

30:48 to 33:17

Get details on Wild Horse 9 and the ensemble cast's performances in this new film.

“take for granted, certainly in North America and in some cases around the world, things like curb cuts to accommodate wheelchair users, all kinds of other accessibility things that are now part of the landscape.”

Chris Rock's New Movie and its Industry Satire

33:17 to 35:12

Examine Chris Rock's film Misty Green and its commentary on the entertainment industry.

“There's still a lot of relevance to what we're seeing right now.”

Discussing the Four-Part Elon Musk Documentary

35:12 to 36:28

Learn about Alex Gibney's documentary on Elon Musk and its unique structure.

“And I could go on at great length here, but I think I will point out that you've got Canada's own Hudson Williams in conversation as a passionate, heated rivalry fan.”

Adaptations of Broadway Hits to the Big Screen

36:28 to 38:14

Explore how the Broadway show Prima Facie translates into a compelling film.

“in terms of the words of Elon Musk over many years and how he's represented in the film.”

Exploring TIFF's Platform Section Changes

38:14 to 40:54

Cameron outlines the exciting updates and competitive aspects of TIFF's platform section.

“You're also showing many of the Cannes and Sundance films that folks will have seen and they'll also see them in Telluride in New York if they haven't seen them.”

Excited Anticipation for Upcoming Films

40:54 to 42:01

A look at the thrilling films and opportunities for discovery at this year's festival.

“We used to have just three, and it's presided over this year by Pablo Trapero, the great Argentinian filmmaker.”

Exciting New Films and Their Potential

42:01 to 43:32

Learn about new films like 'Ang' and 'Elsinore' and their unique narratives.

“I would include Your Mother, Your Mother, Your Mother in that, um, that's already distributed.”

Launching the TIFF Market

43:33 to 45:51

Discover the significance of launching the TIFF market and its impact on filmmakers.

“you may already know about the film Elsinore with Andrew Scott.”

Navigating Challenges for Filmmakers

45:52 to 49:51

Understand how TIFF aims to support filmmakers and enhance visibility for their projects.

“And they'll have a big presence here in Toronto, as will others.”

Toronto's Unique Position in the Film Market

49:52 to 54:39

Explore how Toronto's cosmopolitan environment and public festival aspect benefit the film market.

“And we think we can help with that as well.”

Vietnamese Film Gala Announcement

54:40 to 55:06

Highlighting the inclusion of a Vietnamese production in the gala program.

“Thank you for coming it's always a pleasure.”
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Transcript

Automatic transcript. May contain errors.

0:00Anne Thompson:This episode is brought to you by Facebook. So you were scrolling on Marketplace and there it was, the bike you'd been searching for. You sent a message and it turned out the seller was super chatty, kind of funny, and an avid cyclist. The next thing you know, you're in a cycling crew. Well, a community cycling group. The thing about Facebook, you might find more than what you're looking for. From a browse to a bike ride, this summer, find more on Facebook.

0:35Anne Thompson:Welcome to Screen Talk, IndieWire's weekly podcast, bringing you up to speed on the latest goings on in Hollywood. I'm Anne Thompson in Los Angeles, and joining me while my usual cohort, Ryan Latanzio, is on vacation is my LA colleague, Brian Welk, who covers business for IndieWire. Welcome, Brian. Thanks, Anne. Really glad to be here. Really glad to be filling in for Ryan. should be fun. We've got a lot to talk about. Go ahead and tell us. Today we will parse the latest developments in the ongoing WarnerMount saga as Paramount CEO David Ellison and others entered the public relations fray more than seven months ahead of the actual trial now set for March 2027.

1:19We're going to take a look at the summer box office. We're going to talk about the new Anthony Bourdain movie, Tony. We're also going to look at Netflix returning to theatrical with another release set for 2027.

1:33Anne Thompson:So I want you to tell us about your take on the summer box office. I mean, my question here is, have we returned to a pre-COVID normal? Or is it a return to post-strike production levels now, where we used to be? Or is it kudos now to a bunch of smart producers and execs and filmmakers actually doing the work to give the audiences what they want? It's a little bit of both. I don't think we're at pre-COVID levels, at least for the year. So for this summer, I have to double check the numbers, but we're at about 20-ish percent above what we were last year. And for the year, maybe in the teens, really ahead of pace of where we are last year and that was definitely helped by by spider-man brand new day which is shattering records and could be the first movie in history to surpass one billion dollars domestic at the box office it's already hit a billion dollars globally but to it as of this morning it hit 700 million domestics and this is in a matter of weeks you know two weeks so it it's really just clicking on all levels and that's definitely helping inflate everything.

2:51But we are seeing that the summer box office is doing very well. And the overall levels for the year, we probably will get back to a$10 billion year. That was the high watermark those last few years of before COVID. And what's been interesting is that some of those tent poles that I think people assumed would get us there haven't necessarily been the ones that have connected. You haven't seen Moana and Mandalorian and maybe a few others, Scary Movie or even Minions. They haven't clicked at the extremely high levels that you would think. But then you've got these other surprises that are original, whether it's Obsession, Back Rooms, Odyssey, of course.

3:42these are movies that were not earmarked necessarily to be the ones to save the box office. And it's maybe different from how I thought this was going to go at the start of the year, that I thought that the excitement would come back for the big things, but that those smaller movies would continue to struggle and the bottom would fall out even further. So it's good to see that there's diversity again in the box office.

4:09Anne Thompson:And you can have several big things playing at the same time, and the box office expands to accept them, which I think is wonderful. And that's the key. My pet theory, if you will forgive me, is that relationship anxiety is at the root of many of these successful films. You've got Focus's horror film obsession, as we mentioned, the materialists, the drama. Those two movies did better than people expected. And I don't give the stars credit for that, even though Pedro Pascal is a major star. I thought he was miscast in The Materialists. But I actually think that it was the conversation around the relationships and in the drama, too.

4:50Anne Thompson:And then Spider-Man, Brand New Day. is, you know, Spider-Man and MJ were always in love, but now we have an isolated, sad Spider-Man pining to connect with a woman who doesn't remember him. And the real-life romance of Odyssey stars Tom Holland and Zendaya only adds to the allure of that movie. So I think that's why that movie is so big. It's about the love story, not swinging through the canyons of New York, which we've seen a million times. James. Yes, even the marketing, I think, for that one, it wasn't totally clear who's the bad guy in this. That wasn't the focus. It was really leaning in more to what is Peter Parker doing now and how is he going to get back with this?

5:35And I think you're absolutely right that there is something there that is speaking to Gen Z and speaking to maybe audiences more broadly by connecting on the relationship level it seeped into the conversation around one night only which did not really connect they didn't put any sex in it that's a whole other thing and yeah exactly shouldn't have come out and

5:55Anne Thompson:said that they shouldn't have admitted that they took it out that was dumb exactly for a movie that is explicitly about sex in its premise but then no no it's not that plus you have two very attractive people that i'm sure even gen z would like to admit they would like to see uh in some state of undress but i haven't seen it yet neither have i yeah i'm sure we both will and then so the other um movie that is a relationship drama at its heart is the new anthony bourdain movie tony from the uh blackberry director matt johnson so so tell me um it's got you know we've talked about a little bit ryan and i but um it's it's a relationship drama too and it might really do well.

6:41Anne Thompson:Do you think that's true? Yeah, I thought this movie was excellent. I saw it on a Tuesday night here in Los Angeles and the theater was packed. I joked, I thought it was really weird that Anthony Bourdain becomes Spider-Man at the end. Wait a second. Wait, you're losing me. No, wait, what movie did I see? No, no, it was a packed house and you've seen in a very limited release that it actually um has done quite well one of the better platform openings of the year it actually was slightly ahead of a24 is the invite in terms of like the that platform opening and per screen average so that and that movie is already legged out to that's a good sign then that movie is already legged out to like 42 million domestic or something or worldwide so you know that's a great sign for for tony because it isn't it isn't really i mean i love Dominic Sessa in the role.

7:36Anne Thompson:I think he's really good, actually. I think he gets Bourdain. And I liked, I'm a big, as everybody knows, I'm a big Leo Woodall fan. And he was great. You know, a lot of masculine toxic energy in there. And then I'm rooting for Antonio Banderas for supporting actor for that. I think he was extraordinary. All those cutaways to his little reaction shots, you know? He's excellent. To what was going on in the kitchen, you know? He's excellent, yeah. It's a movie, too, that I think, you know, because it's focused on such a narrow portion of Bourdain's life that really probably no one is aware of, like, you really could watch that movie knowing nothing about Anthony Bourdain.

8:22And it's such a far throw from what maybe we've associated with him in his persona. He's he's an asshole. He's he's lying to everyone. He's got a massive ego and he's also not that good at things. And yet.

8:38Anne Thompson:But then he finds what he loves. Exactly. Yeah. So what's going on with Netflix and theatrical? We reported on Narnia and we reported on La Bola Negra. And now what? Charlie and the Chocolate Factory? Explain. This is like the third theatrical release in the span of a year. Yeah. So they've got the Cliff Booth movie coming out Thanksgiving. And then you've got Narnia now in in February. And now Netflix has dated their animated Charlie and the Chocolate Factory remake for next November. And it's going to get a 45 day theatrical window. But but this is not a change in strategy. Don't don't let them tell you otherwise.

9:21and I always just laugh and chuckle at that because it's that's always the message every single time every earnings call they get questions about theatrical and they and Ted and and and Greg have to come out oh no we're we're we're not changing our our mind and oh we're gonna keep doing our thing and we're never gonna add ads or we're never gonna we're not crazy about sports and then now they add all those things and and now they're doing theaters and well this isn't

9:52Anne Thompson:new they've been doing theaters all along especially with the awards movies but the the the thing here that that's interesting is that dan limb was interviewed right in a big story and said we're not doing theatrical and this is contradicting him completely and it almost felt with la bologna that they were saying hey look you know don't listen to him we're we're actually in the theatrical business now. Not really. The difference is, too, that they're giving this movie a really long runway. They're giving it as long as Paramount is promising for all of their theatrical windows as a minimum. It's a 45-day window before it hits Netflix.

10:33That's as long as any movie has gotten from Netflix. They're not lying when they say, you know, we're not in the theatrical business. There's plenty of movies that they release, whether it's People We Meet on Vacation or remarkably bright creatures that will do just fine as streaming plays. And that's going to be the majority of their movies. They put out 30 movies a year and those are going to be fine just being on streaming. But for these tentpoles, clearly they're, they are clearly open now to doing it, whether or not they want to say that if the right filmmaker comes along, if the right opportunity comes along, they will, they will do this.

11:13And they now have the means of doing this is how I look at this.

11:18Anne Thompson:You know what's interesting about that, though? I remember Ted Sarandos talking to me very specifically about K-pop. And he made a big deal about how K-pop would never have done as well as it did on the service if it had gone out theatrically originally. So the explanation for why this would do better theatrically must be that it's a remake, that it's IP that's well-known, as opposed to something new. Is that right? I believe so. And it's the same with with Narnia. I mean, you've got Greta Gerwig, who is a, you know, tentpole director in the same way that, you know, Christopher Nolan is now. She's on that level or was able to demand this of Netflix when no one else was.

12:01And I think when those right filmmakers come along and when that right opportunity comes along, that's when you're going to see the difference here. But and I think K-pop would have done very well. And would it have been a billion dollar hit or the biggest Netflix movie ever? Probably not. But they certainly left some theatrical dollars on the table. And then it played in theaters and they did an event thing and it did great.

12:28Anne Thompson:Yeah, but Sarandos' argument was that it had been established already by the time it went back to theaters, and therefore it was able to do really, really well. But my theory here, too, is that Sarandos, when he went into looking under the hood at Warner Brothers, saw the numbers. He looked at the numbers, and he saw how much money they could make in the right situation. He's not foolish, Ted Sarandos. He actually gets numbers. That's his business. So I think I think he sort of saw, OK, in the right situation, we can we can make some money with this. Which is why it's just funny to me that they they constantly are giving the messaging.

13:09No, no, we're not changing our strategy or that this is not something new that we're doing. This is just a side thing or whatever that, like you said, the Dan Lynn quote in The Times or whatever it is. And I just find it amusing and I don't have anything wrong with this. I think it's great that they're putting this into theaters. But, you know, and we'll see how it does. You know, this is it's not a guarantee either, even though it is IP that people recognize. But it's very interesting. And I'm glad that they're doing it and we'll see how it pays off for them. And I hope they do more.

13:45Anne Thompson:Absolutely. Absolutely. You know me, I want theatrical to work. Also, when they do it this way, with a lot of hoopla, you know, they can make nice. The 30 pictures a year question, right? This is central to the Warner Mount issue that's coming up. Maybe Netflix knows how to do 30 pictures a year, but I do not believe, honestly, I really don't believe that Paramount and the new Warner Brothers are capable of making 30 movies a year. And remember, what we're talking about is that they've promised the exhibitors that they're going to do that. And the exhibitors have come on board. AMC and Regal have been, yay, yay, we're supporting this.

14:30Anne Thompson:Unbelievable to me. The Rob Bonta antitrust suit, you know, and the 12 people, all the people that they've got on board for that, it's supposed to be protecting theatrical. It's supposed to be fighting for theatrical. And the theatrical exhibitors are backing David Ellison, the CEO of Paramount. And I think that's because they're conservatives. Seriously, they are in real life. Well, and it's interesting, too, that Cinema United, the trade organization that represents all exhibitors, is still publicly opposing this and hasn't thought there's been the reasonable changes. And you have to wonder if some of the other smaller chains, especially this is something else we want to look into.

15:17But, you know, what are some of these smaller theaters really think of this and will it hurt them? Maybe it's not going to be as much of an impact on AMC and Regal, those big, big guys, because they do just want the volume. But if you're talking about one of the smaller theaters, what happens when now there's one less buyer in the market and that maybe you do have to have other terms? It's a tricky, slippery slope.

15:46Anne Thompson:Also guaranteeing that these movies go to theaters. I mean, the point about Netflix that we made earlier, they make 30 movies a year, but only a handful go to theaters. The rest of them go on to the streamer. And actually, I think many of the distributors in our universe make those decisions every day. This is a theatrical. This is not. This is going to be pay-per-view or whatever it is. They make those decisions based on the movie. If Ellison says, I'm going to make 30 movies, 15 for each studio, and all of them are going to go out theatrically, no matter how good they are, no matter whether there's an audience for them or not, they're not going to be good.

16:28Anne Thompson:Most of those Netflix movies are not good. Come on. Yeah, the third thing has been the real sticking point that I think a lot of people just kind of scoff at or don't necessarily believe in. What they're basing it on is that we have 15 movies this year and Warner Brothers is going to have 15 movies this year. So we're already there so we can just do it. And I just think when you combine people... Look at the Paramount lineup. The Paramount lineup is weak. Yeah, I don't want to wade into that. But I think, too, there's a lot of movies that are already in development and in the pipeline at both studios.

17:06And to say we're going to do it for three years, this at least three years, that protects those movies that are maybe already in the works. And so what happens after that? And I guess the silver lining is like if they really are committed to doing 30 tentpoles, 30, you know, big movies a year or 30 movies that are, you know, at least theatrical quality, then you've got to keep people.

17:32Anne Thompson:With 45 day windows, right? Yeah. 45 day windows. And the 45 day window, I mean, I know that's been a big thing and that's something everyone wants. And it's something that Netflix hasn't necessarily, you know, done in the past. The exhibitors want that. even that is like becoming more the industry standard we saw Universal kind of change their policy recently and then they said it's 92 S5 there's some studios that go even longer than that it will not be 90 days on the dot until the Odyssey gets the peacock like I can tell you that because that movie's cleaning up and so it's not that crazy to me it's a minimum though and And if they have another Top Gun Maverick, if they have something else, yeah, they're going to keep it in theaters as long as they want.

18:22But it seems just a little bit of a, like, that this is the number or these are the things that we're getting hung up on. The DGA, this is kind of breaking news from last night, but the DGA came out with their list of things that they want to see happen if there's going to be a settlement.

18:44Anne Thompson:That's where we're heading. It's just interesting to me that they're doing this negotiating in public. That's what I find fascinating. I don't get why that is. I just wonder if Paramount can really agree to all of these different things that even the DGA or IATSE are laying out. They're big things and they are, you know, is this not the whole point of the merger to be able to combine that? They want to have, you know, a linear network going forward for HBO. They want to be able to have these two studios operating independently still. They want a lot of different things that maybe Paramount can't necessarily agree to.

19:25We also don't know if Rob Bonta feels the same way as the DGA does. He probably does not. And what concessions they would want in order to reach a settlement. Remember, the WGA also has a lawsuit that's going on as we talk about this.

19:41Anne Thompson:They're sticking to their guns, at least. Yeah. There's a lot of negotiations going on behind the scenes as well. Wow. I just think this is, I talked to somebody who's on the board of Oracle, and he told me they're definitely going to settle. And as you, they can't afford not to settle. I mean, some people think that the billion dollar ticking clock, you know, the$7 billion ticking clock is a big deal. Some people think it isn't, that they're so incredibly wealthy, these billionaires, that it doesn't matter to them. Which way do you feel about that? That's a lot of money. It is a lot of money, and surely they would prefer to not spend it.

20:22And they've been doing everything they can to accelerate this process. They wanted to have the trial in November so that they don't have to pay it. The sooner they can close, the better. That's always the goal. But I think they probably were smart enough to know. If they agreed to that, the bankers, whoever wonks they have, probably were smart enough to know, look, we can afford, you know, half a billion, a billion, if this does extend out. But the longer this drags out, I mean, there's a, just an overall expiration date where Warner Brothers can go back and then you would have to pay$7 billion to Warner Brothers.

21:02And that's a huge thing. So, so that really makes you wonder, are they really going to, yeah, go to trial and do this? They believe they can win, but are you going to put a lot of money and effort into a big public trial and then an appeal process into all of this? It really starts to get complicated and the time, it just weighs on people and creates a lot of uncertainty. So I think people want a settlement, but there's also people want to see the change.

21:37Anne Thompson:I don't think that Paramount and Warners want to go into the trial. I don't think they want to open up their books. I don't think they want all the people to testify about what their practices are and why this is a bad thing. I don't think they want any of those things. I think that they will settle. And I think the question is when and what the terms will be, as you say. I mean, I don't know if they can go with everything that the DGA and the IA want, but that's obviously where these conversations are going. And the narrative has been, I think, to your point of why has this all been in public, I think there's probably a feeling that, hey, this is just about CNN or this is about the election and this is about, you know, something political.

22:24Anne Thompson:Why is Ellison invested in promoting that idea? He's the one who wrote that. I mean, I think if you can, there's been this narrative that, oh, if they give up CNN, if they divest that, if they make it independent and don't have it under control, then everything will be okay. And I mean, that's not what Bonta has said. I think it's certainly a factor. It's a cable channel and another news network that they now will control. So there is some, you know, like regulatory stuff there, I guess. But it's not just that. I think there's real issues at play in Hollywood. This doesn't even get into the cable of it all, which was another factor of of this lawsuit.

23:09And it's a dying business, but it's a important one that still brings in a lot of money. And, you know, the cable channels are a big part of Paramount's business. Otherwise, they wouldn't be taking them if they didn't think that they were valuable or that having so many of them.

23:25Anne Thompson:I read somewhere that CNN was so encumbered with all its different deals and outputs and commitments that it would be very difficult to disentangle it from all the cable stuff. Do you know anything about that? Well, Warner Brothers has still been trying to do a separation from, I don't know how you would disentangle it from, yeah, all of the other cable networks within the WBD network and all that. but you know they were trying to separate it from the studios and I think that would have been the thing like if you didn't have all the cable channels attached if you didn't have CNN if you didn't have all that would that make it easier probably and maybe you wouldn't have the same attention or regulatory scrutiny but Paramount wants that that's that's the the part of it that's You know, they don't just want the cable channels just to get rid of them or whatever.

24:29They there's just a whole lot there, I guess. But yeah, with CNN in particular, I can't say I have as much knowledge with that as well, because that's just a whole other universe that we don't always cover as much that media angle.

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24:46Anne Thompson:But no, they're just that's a political football. You know, that's the hot potato that they're tossing around. And I don't think Rob Bonta is that obsessed with it. He's filing an antitrust lawsuit. That's what it's about. So let's move on to the new titles that have dropped at the New York Film Festival. As expected in the spotlight section, we have things like the Palm Door winner Fjord and other high profile can titles like Jordan Firstman's Club Kid and Werner Herzog's. But the newer ones are Werner Herzog's fucking, I have to do this the right way, bucking, bucking, faster, Jonathan Glaser music documentary Joy of Joys and Tom McCarthy's newly titled environmental ensemble drama, A Statement, which is Sony Pictures Classics.

25:40Anne Thompson:And that one's interesting. It goes back to a 1980 gathering of scientists recognizing the danger of global warming. warming. So, Brian, you get to recommend something for people to watch this week. Well, I will just say I'm just looking forward to a whole fall of Werner Herzog pronouncing in his accent bucking faster. It's just going to be so much fun. I'm looking forward to that one that looks like a fun concept and premise. But, you know, this is it was actually tough. You know, of all the things I was prepping for this podcast this week, I would say coming up with a recommendation this week was actually tricky because we're just in the doldrums of August here and, you know, in the middle of some of the fall TV shows.

26:28So I'm kind of hard to press to recommend one particular thing. It's a bit early to just say looking forward to the 2026 NFL season. But I will shout out a small movie opening in limited release this weekend called Union County. And this was at Sundance. And it's a movie starring Will Poulter and Noah Centineo. And it's an addiction drama about two brothers living in rural Ohio, I believe. And the program that they're in, in which they're having to go to court and talk about their recovery and the efforts that they go to. So it's really more about the recovery process. And what's really fascinating about the film is that it has this kind of documentary element in that all of the courtroom scenes, they have other real people who are actually going through this very process.

27:28and those are happening and edited alongside the fictional ones with Will Poulter. And it's very seamlessly done and surprising how they kind of just managed to sit in the courtroom and film all this and get that kind of real life perspective. And so it was just one that, you know, stuck with me a little bit. And it's a charming film, a good performance from very, very subdued from Will Poulter.

27:56Anne Thompson:My pick is the new Amazon series. It's very like it's like the polar opposite of your serious Sundance movie, which often happens with Ryan as well, by the way. My pick is the new Amazon series Sterling Point from my old ass director Megan Park. And she returns to another bucolic summer in Canada on a lake with young people, folks, who are fun and lively and entertaining and very troubled all at the same time. It has a family drama. It has mysteries from the past that need to be resolved. It has various and sundry love interests that need to be resolved, as you would expect. And it's a lot of fun.

28:44Anne Thompson:So I'm not promising anything super serious here. It's more fun than anything else. I loved My Old Ass. So yeah, that sounds like a good one. My Old Ass is better than this series. I'm going to tell you that much. Okay, just saying. All right, we're going to go on to Cameron Bailey. All right. First, I want to welcome back to Screen Talk, Cameron Bailey. Thank you. Good to be back. TIF CEO. And I think you're the first person who's come on for the... No, no, that's not true. Tom Quinn has been on twice. But you're in rare company. So this incredibly sprawling film festival has a lot of new titles that are sure to be in the awards conversation, and emerging artists and a new market that's launching this year.

29:35Anne Thompson:And we'll talk about all of those things. But Cameron, first, please meet Brian Welk. Hello, Brian. Thank you so much for being here, Cameron. Great to talk with you. And, you know, it seems like you got a lot on your plate. So we appreciate you taking the time for us. It's my pleasure. Glad to be back. So I'm going to launch into the program. You have many, many sections. And galas are the best known titles, along with special presentations. and the opening nighter. So let's start with that. Being Human from Oscar winner Sean Hedder of Coda fame, also from Apple. That one looks like an Oscar contender to me, Cameron.

30:12Anne Thompson:What do you think? I think it's a great, great movie. Of course, she is coming off of Coda, which won the Best Picture Oscar. And she's, I think, again, telling a story about people who are trying to maybe get more than they've been given, maybe more than they're seen as deserving. And in this case, she's telling a true story, story of Judy Heumann, an amazing disability rights activist who began her work in the 1970s and has continued ever since. And, you know, a lot of the things we now take for granted, certainly in North America and in some cases around the world, things like curb cuts to accommodate wheelchair users, all kinds of other accessibility things that are now part of the landscape.

31:02Although they were passed into law at a certain point in the 70s, they were not enforced, they just weren't happening. And Judy Heumann is the one who fought to make them happen. She's kind of the Erin Brockovich of that time and place. And this is her story. It's one of those really energizing movies, makes you cheer for what she and the people she rallied around her were able to accomplish. And it stars Ruth Madley, a British actor who I wasn't so familiar with. She's done a bunch of work in the UK, but this is her first, I think, Hollywood leading role. And she is just amazing. I think everybody's going to want to see her performance.

31:45and it's just a great movie to see as well.

31:47Anne Thompson:So the other one I'm looking forward to is Martin McDonough's Wild Horse 9. That just looks like a hoot. What do you think? Is that awards or not awards? I'm not sure. I can't tell. I want to see it. I mean, and I'm not going to be the one to tell you, it's definitely awards. What do I know? One person. What I can say is that if you love Martin McDonough's movies, as I think many of us do, you're probably going to love this one as well. Three Billboards, Outside Ebbing, Missouri. Right, right. Yes. Yeah, all of those great movies that are, they're comedies, but they're also, they've got a dramatic edge to them in many cases.

32:29The writing is great. He's able to direct actors to terrific performances. And here he's got some actors, Sam Rockwell, John Malkovich, and others who were having a lot of fun with a story of spycraft, American spies in Latin America, doing the things that we know American spies have done in Latin America.

32:53Anne Thompson:A Canadian is telling us this, of course. I mean, it's history, so I don't think I'm wrong here. But Malkovich especially has a role that is just so juicy. And, you know, although the history is from a while ago, this is, you know, based, I think, maybe loosely inspired by real events. There's still a lot of relevance to what we're seeing right now. So a lot of fun, but it's got something to say, too. Yeah, I'm sure there is. Yeah. And tell us about the Chris Rock movie. I remember Top 5. Top 5. You were there, right? I think that sold out of TIFF in a bidding war. Do you remember this? I sure do.

33:36Yeah, that was the first big movie, one of the first big movies to really blow up out of the Princess of Wales in Toronto. We hadn't had that theater for long, but it's since become one of the most popular places for movies that are coming in looking for a U.S. acquisition in particular. Chris Rock has, I think, here made a very L.A. industry movie. I think you're going to find it very interesting and to watch and Brian as well. But it's both a kind of a satire of just how the business works and what's required to succeed and to stay on top. Misty Green is the title. She's also the title character.

34:20She's played by Rosalind Elazar. She's terrific in the film. We're presenting her with one of our TIFF Tribute Awards, which we're really excited to do. And because I think a lot of people may have seen her play supporting roles in series and films. but this is a big, juicy leading role. She plays an actor who's had one big success. She has an Emmy Award, but she also has a really chaotic life and she's trying to just get by, get through, stay on top, find the right roles. Chris Rock is in the movie as well as a director who's worked with her in the past but knows she's a little bit of trouble and he's trying to help her.

34:58And then Adam Driver has this really juicy role as a producer who's also a big enabler of Misty's worst instincts. So it's a lot of fun to watch.

35:12Anne Thompson:Uh-oh. I cannot wait to see this one. And I could go on at great length here, but I think I will point out that you've got Canada's own Hudson Williams in conversation as a passionate, heated rivalry fan. I would like to see that. and then does he have a movie or anything else? He has a series called Iaga, which is a Canadian series shot here. We're launching that as well. So that's also going to be worth seeing. But yes, I think a lot of people will show up just to be in the room with Hudson and hear what he has to say and maybe look at him a little bit too. He and I were like sitting next to each other during the cocktails period of the Oscars.

35:57Anne Thompson:Oh, is that right? It was wasted on me a little bit, in a way, I would suggest. Because I love that show, but the one that gets me going is Conor Story, I hate to say. Ah, okay. Yeah, he's the one who I respond to. Okay, enough of that. You've also got the Alex Gibney musk. Was there anything about the four-parter that surprised you? You know, there's an interesting way that the doc is structured. in terms of the words of Elon Musk over many years and how he's represented in the film. I won't spoil it, but I think it's a really interesting approach that Alex has taken. The movie is comprehensive.

36:42I mean, this goes back to the early days, the beginnings of Elon Musk. So the whole history, some of us would have followed some of that. but it knits all of those things together from the early days whether it's time in South Africa or his early attempts to launch himself as a tech entrepreneur to of course what he's become now and it's all in there and there's great footage that he uses but Elon's own words and and voice are a big part of the story as well.

37:18Anne Thompson:I admit that Prima Fassi worries me a bit, as much as I love Cynthia Erivo, and I really do love her, because it was such a tour de force one-woman show on Broadway with Jodi Karmu, which I saw. She won a Tony, I think. How did they turn that into a film? Well, it's still got the core of the moral dilemma. You know, this is a lawyer who really almost exalts in defending men who've been accused of sexual misconduct, including assault, who then finds herself in a situation where she sees just how unfair the justice system can be. So that's still there, but it does open the story up beyond what people might have seen on stage.

38:04So, you know, we go into other locations, we see other characters, It just feels like it. I never I didn't see the play and I never felt like it was stage bound at all. It very much feels like a movie.

38:15Anne Thompson:OK, I look forward to that. You're also showing many of the Cannes and Sundance films that folks will have seen and they'll also see them in Telluride in New York if they haven't seen them. And the competition is for these festivals is for world premieres. So was there any lack of quality? Did you pull back on the scale from what it used to be? No, not really. We actually have almost exactly the same number of films this year as we did last year. We were able to secure some films that we're really excited about. In addition to Misty Green, I would point people to I Play Rocky. And if you've seen the trailer, that's the movie.

38:52It's incredibly inspiring. And it's a story many of us may know parts of. Not seen the whole story told like this before. And Anthony Ippolito is uncanny as Sylvester Stallone. And then Your Mother, Your Mother, Your Mother, the Bassem Tariq film with Mahershala Ali in the lead. Just a great premise. And he completely delivers. I kind of like to see a whole series of movies with this character. He is an assassin with a heart. And he's got one big mission during the movie, which has to do with making sure that a little baby gets the nourishment it deserves. But he also has to kill a few people.

39:32So it's a lot of fun.

39:34Anne Thompson:I love Mahershala Ali, of course. So a little bit before Brian gets his hands on you, what is the, tell us about the changes in the platform section, which is now competitive. So we are, we're really excited about this. Platform started in 2015. So it's been going for a while. We've had great movies in there over the years. Then we released High Life. Moonlight was in platform in one of its early iterations. this year for the first time the winner of the platform prize if it's a film not in the english language is immediately put into the oscar conversation it becomes eligible as do the films that are voted on by their individual countries so that's an addition platform is one of six competitions at film festivals that that's a new thing for including can in venice in Berlin and Sundance in Pusan.

40:31Correct. So we're excited about that. Of course, the competition has more than just foreign language films in it. But it's, I think, a great opportunity for whatever film wins. It'll bring more attention to the films in the selection. So we're really happy about that. We've expanded it from 10 films in the past to 12 films this year. We also have a great jury of five jurors. We used to have just three, and it's presided over this year by Pablo Trapero, the great Argentinian filmmaker. So we're excited about that. Other jurors include Ama Asante from the UK and Sylvia Chang from Hong Kong and others as well.

41:13So it's going to be a great list.

41:15Anne Thompson:Brian, it's all yours. Yeah, a lot to talk about with the market and just the the titles that the people are going to discover and be bidding on. I mean, first you had Obsession last year, which has been the absolute talk of the town. And for so long, are there going to be other discoveries like that this year that you're excited for, things that are available that you want to point people towards? Yeah, and listen, poor Peter Klopelski, our Midnight Madness programmer, has just been hounded ever since Obsession blew up with what's this year's Obsession? Um, you know, not every year is going to deliver that.

41:54We don't know where that will land yet. Uh, but he's got a great lineup in Midnight Madness. There's a lot of great, uh, genre films outside of Midnight as well. I would include Your Mother, Your Mother, Your Mother in that, um, that's already distributed. Um, but, um, there may be some others to come. Um, I would say one film that I'm really excited about in platform, um, this is not like a horror genre movie, It'll have a different life, I'm sure, but it's called Ang. It's from India, A-N-G-H. And it is from a part of India that has never been seen in a feature film on screen before from a place called Nagaland.

42:30And it is just hypnotizing. It's this beautiful, beautiful portrait of the moment when this indigenous community who live largely in the forest first begin to make contact with the Brits and the Americans as well. And it's a remarkable portrait, beautifully, beautifully shot. So that's one, but there'll be many others too. and you know we have to wait and see what the what the market and what the audience and what the press tell us is the one that they think is going to blow up and be something like Obsession. I will also say we are bringing Curry Barker and Indra Navarrete back and we're doing a special conversation with them in the market because we do want to talk about how this became the phenomenon that it did.

43:19Anne Thompson:And Focus is of course trying to push them for awards. That's why they're there. That's right. Speaking, let me just add one quick thing there. Speaking of awards and speaking of focus, you may already know about the film Elsinore with Andrew Scott. It's terrific. I don't know if you've had a chance to see it yet, but... I'm going to see it in Telluride, I think. Okay. All right. Well, from what I've seen this year... Given that it's a Canadian premiere. I mean, I don't know what's going to be in Telluride, but maybe you do. it's one of the finest performances I've seen all year. So I'm really excited that we'll have it as well.

44:02Okay. Well, the other big news this year, you're finally launching the TIFF market, and this is really formalizing deal-making at a market when there's been a lot of informal deal-making going on for so long. Clearly, there was an appetite here for something on the calendar between Cannes and AFM, which is still coming back this November, back to Los Angeles. But, you know, is that going to crimp your style at all? How are you going to carve out a slot in the middle of the calendar, especially when you probably have a lot of international people who are maybe choosing between AFM and TIFF? So what is the thinking there in terms of putting it in this moment?

44:52You know, I think the advantage that we'll be able to bring to the international industry is the combination of a big market and a big festival. So you've got the people coming in for the festival, both the business people, the dealmakers, but also the talent are in town. You've got the opportunity to watch films that are for sale with a North American audience, which you don't even get at the Cannes market or the Berlin market or others as well. So we think there's a real opportunity. We are all working towards sustaining this business of independent films, of films that are beyond the commercial mainstream, but have commercial potential.

45:35Festivals, I think, are a big, big part of that. We all want this ecosystem to thrive, and we think the market's going to do that. And we know from some of the early supporters of the market idea in Toronto, the big American And agencies, companies like Goodfellas in France, major, major international sales company, they were on board right away. And they'll have a big presence here in Toronto, as will others. We already have seen packages that are being announced as being brought to market in Toronto for the first time. And we're looking to see more and more of that kind of activity. And we want to make sure that, you know, the business that we're in, which is finding those new filmmakers, some of them will go on to make massive Hollywood blockbusters, but they need nurturing early on.

46:24And that's what we think both the festival and the market will do. And how do you anticipate the TIFF market alongside the festival itself? Is that going to have an impact on the acquisition titles that are playing at the festival? Will those completed films maybe have a harder or just a slower time getting attention or finding a buyer as they contend with all these buzzy packages that are being introduced? I don't think so. You know, people at any major festival, including ours, because we do show, you know, quite a lot of stuff we think people want to see, they have to make choices every day.

47:02Where do you want to be? What screening do you want to be at? sometimes if you even if you're coming here as an industry professional it'll be a public screening you'll want to see a certain thing with the audience if you were in the in the room last year the royal alexandra when obsession launched that was the best way to see it do you know what i mean and the the filmmakers want the buyers there but we also have press and market screenings that are combined where both the journalists and the industry professionals can see films that aren't uh those screenings aren't for the public and then this year we're going to have a lot of market only screenings as well.

47:36Films that in many cases are not an official selection, but people want to present them to buyers here. We'll have about 200 of those in addition. So every day you're going to be making choices. And in some cases, you're going to want to see things with an audience. But the festival in the market happened essentially in the same place, they intersect, and people will be able to get from one venue to another, whether it is a talk in the market. We've got Pam Abdi and Mike DeLuca and Gary Oldman and many others giving talks in the market. And that's just like minutes away, steps away from the big public screening you may want to see.

48:15Anne Thompson:Will press have access to those? Press will have access to those, yes. Obviously, yeah, that proximity, I guess, is a big factor and probably a selling point as well. And so that's very exciting. And you You mentioned 200 different market screenings of just the non-selections. Is that a big step up from what you'd done in the past? Yeah. Over the last several years, more than half a decade, we had done, I'd say, between 50 and 100 of those. We called them private screenings then. But it's a significant increase. But I think the people who have been coming consistently to TIFF will know how those work.

48:57So it's very similar to in past years. but just more of them. And this is really a product of really a demand for this, I'm guessing. Can you take us through some of what you were hearing that led to this decision and led to launching this this year? Sure. We heard from the sellers that they just want more opportunities to get their films and series in front of potential buyers, both U.S. buyers, but international buyers as well. And Toronto has been a great gathering place for that. And, you know, every year, although it seems like we're a big festival with a whole lot of movies, we turn away thousands and thousands of them every year, right?

49:39And some of them have real merit. But they just don't, they don't make the cut here. There's just, you know, not the space for them. And they still are looking for places to show. So the market will help with that. And then also, you know, know, there's a fairly long gap between the May Marche in Cannes and then the next opportunity to present new work packages, essentially, that aren't yet shot to potential investors and co-production partners. And we think we can help with that as well. Because as I mentioned, we have a lot of the key people already gathered here. So it seems like it's just a good opportunity.

50:20Anne Thompson:And if there's some movies that don't make your deadline in time, they'll go to AFM. That's just the way the calendar works. Yeah. And so what sort of attendance are you anticipating? What sort of engagement for this inaugural year? And can you tell us about some of the lineup of packages that have been unveiled so far? Sure. So we're expecting about 6 ,000 market delegates this year, which would be up about 1 ,000 over what we had last year. And we're looking for that to be just the starting point for the growth. Ideally, if we're doing this right, more people want to come and do business. and then we announced recently we have kind of international financing forum that we do with the provincial creative industries agency here called Ontario Creates and that has about 50 projects that are being brought to market looking for international financing and then independent of that some of the companies have already begun to announce through the trades projects that are also being brought to market as packages and I think there will be more to come as well.

51:29And I think you already touched on this a little bit, but, you know, take me through how you really plan to stand out from CAN and from some of those other markets for those international buyers who are choosing and, you know, really finding your selling point that makes the TIF market so attractive. Yeah. Listen, I think there's two main things that work as advantages in Toronto's favor. One is we're a public festival with a big public audience. The audience will be a part of the market. There'll be some cases where we can show a film that a seller wants to present with not just buyers in the room, but also an audience in the room.

52:09And we have the ability to offer that as a service that we can provide to them. So we can have some like real live moviegoers in the room when they're showing their film. And some movies just work best with an audience and not with just, you know, a couple of dozen industry professionals in the room. So that's something that I think is unique to Toronto. And then the other thing is, you know, Toronto is not just a big public festival, but it's a really cosmopolitan environment that you're walking into. So this is a city that of the, I mean, I got this little somewhat nerdy stat recently of North American airports.

52:48It is number two only to JFK in terms of international flights in and out of the continent. So you can get to Toronto on a direct flight from just about anywhere in the world, certainly anywhere that people make movies or TV shows. And when you land, you'll find people who speak your language. No matter where you're coming from, you'll find the food and just the vibe that you're used to. And Toronto offers that in a way that maybe some of the other markets and major centres don't. So we're going to lean into that. we're going to make it a truly global market and it's one of the things that toronto has always

53:24Anne Thompson:been known for is the friendly audiences the distributors being able to see how they react to their films and also you have this extraordinary global uh programming where you can lean into korean movies and all the different audiences and people who live in toronto you always do that and and i think that's one of your great strengths because you're talking about an international thing. It's not just America. And I was just going to say that that community, too, of just being able to walk out onto the street right out of a theater and then two minutes down the road, just going to another one. And to be able to do that with the market and with the deal making, I think that's that's going to be really great and something that makes Toronto very special.

54:09Anne Thompson:And I thought you were going to say going to a great restaurant down the street. That's that's where my mind goes. Sure. You know, I hope you do. Thank you, Cameron, so much, really, really, for coming by. My pleasure. Can I just add one more quick thing? For the first time this year in our gala program, which plays in our biggest house, Roy Thompson Hall, we will have a gala that is a Vietnamese production. It's called Spirit Guardians. It's a great movie. And if you remember back when we first discovered the films of Chen Kai-Gue or Zhang Yimou from China or John Woo, but this is a period epic.

54:43It's set in 10th century Vietnam. but it has that scale and that those production values of those movies that so impressed us back in that day and I think Vietnam is one of those countries that is really on the rise in terms of international cinema so we're hoping that that's going to be a new discovery for people as well.

55:02Anne Thompson:Thank you for coming it's always a pleasure. Thank you for having me.

From the publisher

We are honored to be joined by returning guest Cameron Bailey, the president of the Toronto International Film Festival. He runs through the highlights of the festival's lineup and gives us the scoop on what not to miss. But first Anne is joined by IndieWire Senior Business Reporter Brian Welk to explore why franchises are falling to originals at the summer box office. They also share their thoughts on the new Anthony Bourdain biopic "Tony" and check in on the ongoing saga of Netflix's theatrical window.
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