2 September 2013 10:40 PM, PDT | ScreenDaily | See recent ScreenDaily news »

Vimeo CEO Kerry Trainor said the platform will offer $10,000 advances for a 30-day exclusive digital window on world premieres at the Toronto International Film Festival.

Participating filmmakers will set their own price point for the Vimeo On Demand offerings and choose the territorial footprint of the release.

They will be asked to abide by Vimeo’s exclusivity demand for 30 days or until Vimeo recoups the $10,000 advance, whichever comes first.

After recoupment the platform will split revenues 90/10 in favour of the filmmaker once transaction costs have been deducted.

Trainor (pictured) told Screen International that filmmakers are at liberty to sign deals with other distributors that can come into effect once the exclusivity window has expired.

Vimeo will also obtain the right to keep the film on its catalogue of 2,000-plus titles for two years.

“We’re very eager to see what the response will be,” said Trainor. “The festival community has historically been a core part of the »


- jeremykay67@gmail.com (Jeremy Kay)

Report a problem



Similar News Items

Cameron Bailey (I)
Toronto International Film Festival [ca]


IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.

See our NewsDesk partners