The pact is for just under $20 million, making it the largest deal of an otherwise lackluster movie market at the festival. With a cast that includes Hugh Jackman, Ray Romano and Allison Janney, “Bad Education” was seen as the most commercially viable of the projects on the prowl for distribution deals in Toronto.
Its purchase by a premium cable channel is a sign of the fierce headwinds that indie productions face at the box office. Those involved will justify the lack of a more traditional release by emphasizing the eye-popping offer the filmmakers received from HBO. The fact is, however, that the producers and creative team behind “Bad Education” were looking to push the movie into Oscar contention