Overseas sales up, says Telefilm

Canadian movies and TV shows are selling well overseas, according to new data from Telefilm Canada. The funder on Thursday released its annual report on international markets, showing a 21% jump in overall activity at the markets where it pitched its tent in 2008.

Sales and presales came close to $14 million in ’08, says Telefilm, to which it added another $71 million in ‘likely sales’ that are expected to close ‘as a direct result’ of market negotiations — for a grand total of $85 million. The same report for 2007 put the number at $70 million.

As usual, MIPTV was the most successful market in terms of how many attendees made sales — 96% of companies that took part in the French market saw some sales activity. MIPTV also saw the highest volume of sales, ringing up more than $5.2 million. Other markets that Telefilm attends include the European Film Market Berlinale, the Hong Kong Film Mart, Cannes and MIPCOM.

Coproduction and co-venture partnerships increased by 20% over the previous year, with 65 Canadian companies involved in 115 deals with 21 different countries, reported to be worth over $23 million.